The bonds are dated January 1, 2010, and pay interest on June 30 and December 31. What is the total cash received on the issue date?

The bonds are dated January 1, 2010, and pay interest on June 30 and December 31. What is the total cash received on the issue date? 65. Everhart Company issues $10,000,000, 6%, 5-year bonds dated January 1, 2010 on January 1, 2010. The bonds pays interest semiannually on June 30 and December 31. The bonds are issued to yield 5%. What are the proceeds from the bond issue?