On 1 June 2017,Smith Services Issued $33,000 of 7% Debentures

Multiple Choice

On 1 June 2017,Smith Services issued $33,000 of 7% debentures that mature in five years.They were sold at a premium,for a total of $34,375.The debentures pay semiannual interest payments on 30 June and 31 December of each year.On 31 December 2017,how much is the total amount paid to investors?

A) $2406.25
B) $1203.13
C) $2310.00
D) $1155.00