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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

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?
  • A. $138,000
  • B. $162,000
  • C. $150,000
  • D. $156,000

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