please answer asap

Question $9$

$1pts$

Star Traders issues an $8\%$ annual coupon bond with a par value of $$100,000$ which will be redeemed after $4$ years. Market interest rates at the time of issuance are $9\%.$

Interest expense in Year $2$ is closest to:

$$ $$8,772$

$$8,708$

$$ $$708$P