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Using the information below, forecast the interest expense in the final period. PIK debt borrowed at Year 0 400,000.0 Interest rate on PIK debt 5.0%

Using the information below, forecast the interest expense in the final period.

PIK debt borrowed at Year 0	400,000.0
Interest rate on PIK debt	5.0%
Time until maturity, years	8.0

Select one:

28,142.0

20,000.0

590,982.2

562,840.2

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