eynolds co. issued $72 million face amount of 5.00% bonds when market interest rates were 4.76% for bonds of similar risk and other characteristics. required: how much interest will be paid annually on these bonds? (enter your answer in dollars, not millions of dollars.) were the bonds issued at a premium or discount? will the annual interest expense on these bonds be more than, equal to, or less than the amount of interest paid each year?