The total interest expense on a $ 300,000, 10%, 10 year bond issued at 95 would be (calculate the entire 10 year amount) Question 19 options: a) $ 295,000 b) $ 315,000 c) # 300,000 d) $ 290,000

The total interest expense on a $ 300,000, 10%, 10 year bond issued at 95 would be (calculate the entire 10 year amount)

Question 19 options:

a)

$ 295,000

b)

$ 315,000

c)

# 300,000

d)

$ 290,000

• Expert Answer

The detailed answer for the above question is provided below To c View the full answer