Question 5 Not yet answered Marked out of 1.00 P Flag Question A firm issued a $1,000 par value bond that matures in 5 years for $889.60 on January 1, 2020. The coupon rate is 9 percent, and the effective rate is 12 percent. Interest is payable semi-annually every June 30 and December 31. If the firm uses straight- line amortization, calculate the interest expense on June 30, 2020. Select one: 00000 a. $45.00 b. $33.96 c. $56.04 d. $25.45 e. $11.04