Question: Question 9 Star Traders issues an 8 % annual coupon bond with a par value of $ 1 0 0 , 0 0 0 which

Question 9
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:
$8,708
$708
$8,772
 Question 9 Star Traders issues an 8% annual coupon bond with

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