Unanswered Question 17 0/2 pts On the first day of the quarter, Dunder Mifflin Co. sold a bond to help fund the building of a new branch in Philadelphia. Kevin has spilled his famous chili all over the the accounting station and now half the documents are illegible. He can make out from Angela's books that the liability is currently recorded at $342,000. From the bond contract he can see that the principal amount is $500,000 and that the life of the bond is 5 years, He also remembers that they need to make coupon payments at the end of every month. The current annual market interest rate is 8%. Kevin is struggling to figure out the amount of the monthly coupon payments. Help Kevin choose the best answer below: None of these are correct $14,793 Correct Answer $13,739 $28.032 $170,884