Question: quick! please help me solve this question for accuracy thank you Crane Company issued $490000 of 4%, 5year bonds at 96, with interest paid annually.

quick! please help me solve this question for accuracy thank you

Crane Company issued $490000 of 4%, 5year bonds at 96, with interest paid annually. Assuming straightline amortization, what is the total interest cost of the bonds? KW $98000 KW $93000 (\"i $117600 KN $78400

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