5 On January i, 2017, Monterey Company issues 100 million unsecured bonds at an issue pri Transaction costs, that include underwriting fee. anioutst the first year and thereafter interest payment increases a0% per y tting. Ihe bond pay interest ef 4%At the end of The bond mature, on December 31, 2021 ominal vatue or PT cach. A the date o issue, Monterey Company has a credit rating of nterest rate is 7.09%. But due to the ir,putation of the transaction cost, the effective rate "ABB', and its market i ofihc debt is 7.21%. What is the amortized cost ofthe debt a, of December 31, 2019? a. P7.313,462 b. P99,329.763 ! c. P100.491439 d. PIS0,736,871 5 On January i, 2017, Monterey Company issues 100 million unsecured bonds at an issue pri Transaction costs, that include underwriting fee. anioutst the first year and thereafter interest payment increases a0% per y tting. Ihe bond pay interest ef 4%At the end of The bond mature, on December 31, 2021 ominal vatue or PT cach. A the date o issue, Monterey Company has a credit rating of nterest rate is 7.09%. But due to the ir,putation of the transaction cost, the effective rate "ABB', and its market i ofihc debt is 7.21%. What is the amortized cost ofthe debt a, of December 31, 2019? a. P7.313,462 b. P99,329.763 ! c. P100.491439 d. PIS0,736,871