A company issues exist15,000,000, 7.8%, 20-years bonds to yield 8% on January 1.2017, interest is paid on June 30 and December 31. The proceeds from the bonds are exist14, 703, 108. Using effective interest amortization, what will the carrying value of the bonds be on the December 31, 2017 balance sheet? a) exist14, 709, 481 b) exist15,000,000 c) exist14, 718, 844 d) exist14, 706, 232