What is the total bond interest expense over the life

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Question 1: Ann Corporation issued $600,000 face value, 5% bonds with a 5 year maturity at a Premium with a price of 102. What is the total bond interest expense over the life of the bonds?

Option A. $150,000

Option B. $138,000

Option C. $156,000

Option D. $162,000

Reference no: EM132512176

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