Florida State University wants to build a new, state of the art gymnastics center. They decide that the best course of action is to issue a 12-year bond for the $87 million construction cost. Because FSU is a large public institution with a large endowment, they are able to offer a coupon rate of 4%. What would FSU's yearly payment and total payment be? O $3.48 million per year; $41.76 million in total O $7.54 million per year: $90.48 million in total O $7.54 million per year; $177.48 million in total $3.48 million per year; $128.76 million in total O $3.48 million per year; $90.48 million in total