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Question 21 Not yet answered Marked out of 3.13 P Flag question On January 1, 2017, a $1,000, one year 8% bond is sold

Question 21 Not yet answered Marked out of 3.13 P Flag question On January 1, 2017, a $1,000, one year 8% bond is sold for $1,009 at the time the market rate is 7%. What is the interest expense in 2017? Select one: Oa. $70 Ob. $80 Oc. $71 Od. $9

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