o QC9-15 (similar to) Question Help McNeil Corporation issued $250,000 of 6.6% 10 year bonds. The bonds are diled and sold on Januwy 1, 2015. Interest payment dates are January 1 and July 1. The bonds are issued for $241,117 to yield the market Interest rate of 7%. McNeil Corporation uses the effective interest method What is the total cash payment for Interest for each 12-month period? (Al amounts are rounded to the nearest dolar) O A $16,250 OB. $15,673 C. $17,500 OD. $16.878