Question: Given the bond premium schedule below, what is the Bond Premium for a $2,755,000 project? First $5,000=$12.00 per M Next $2,000,000=6,000+7.25 per M Next $2,500,000=$20,500+$5.75

Given the bond premium schedule below, what is the Bond Premium for a $2,755,000 project?

First $5,000=$12.00 per M

Next $2,000,000=6,000+7.25 per M

Next $2,500,000=$20,500+$5.75 per M

Select one:

a. $21,966

b. $36,341

c. $19,974

d. $25,974

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