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On January 1, ABC Inc. issued four-year bonds with a face value of $100,000. The bonds have a stated interest rate of 5 percent. When the bonds were issued, the market interest rate was 4 percent. The bonds pay interest once per year on December 31. Over the entire life of the bond, how much Interest Expense will ABC recognize related to this bond? Multiple Choice O less than $20.000 O $20.000 o more than $20,000 O The answer cannot be determined from the information provided