Question: A company issues $ 1 7 1 0 0 0 0 0 , 9 . 8 % , 2 0 - year bonds to yield

A company issues $17100000,9.8%,20-year bonds to yield 10% on January 1,2024. Interest is paid on June 30 and December 31. The proceeds from the bonds are $16806580. What is interest expense for 2025 if the straight-line method of amortization is used?
Select answer from the options below
a. $1690471
b. $1675800
c. $1679238
$d.2045834

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