Question: Multiple Choice Question 67 Multiple Choice Question 67 A company issues $16900000, 5.8%, 20-year bonds to yield 6% on January 1, 2017. Interest is paid

Multiple Choice Question 67 Multiple Choice Question 67 A company issues $16900000, 5.8%, 20-year bonds to yield 6% on January 1, 2017. Interest is paid on June 30 and December 31. The proceeds from the bonds are $16509360. Using effective-interest amortization, how much interest expense will be recognized in 2017? O $980200 o $990716 O $490100 o $990592

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