Question: help me please thank you 41) A company issues P20,000,000, 7.8%, 20-year bonds to yield 8% on January 1, 2022. Interest is paid on June

help me please thank you

41) A company issues P20,000,000, 7.8%, 20-year bonds to yield 8% on January 1, 2022. Interest is paid on June 30 and December 31. The proceeds from the bonds are P19,604,145. Using effective-interest amortization, how much interest expense will be recognized in 2022? A 1,566,666 B. 1,564,514 c. 1,568,498 D. 1,568,332

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