Business, 18.11.2020 17:30, therealpr1metime45

Ivanhoe Company issued $1520000 of 6%, 5-year bonds at 95, which pay interest annually. Assuming straight-line amortization, what is the total interest cost of the bonds?a. $636,000. b. $632,400.
c. $628,800.
d. $639,600.

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Ivanhoe Company issued $1520000 of 6%, 5-year bonds at 95, which pay interest annually. Assuming str...