Question: View Policies Current Attempt in Progress A company issues $16200000, 5.8%, 20-year bonds to yield 6% on January 1, 2017. Interest is paid on June

View Policies Current Attempt in Progress A company issues $16200000, 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 $15825541. Using effective interest amortization, how much interest expense will be recognized in 2017? O $939600 O $949556 O $469800 O $949680

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