On 1 August 1921, Samatya issued 450.000, 5% debentures at a 2% discount on the par value of USD 150. The debentures are redeemable at a premium of 5% in five years' time. The effective rate of interest on the debentures is 4.21%. Calculate the finance cost to be shown in the statement of profit or loss for the year-ended 31 December 1921?   A. $ 2.784.915   B. $ 3.307.500   C. $ 2.841.750   D. $ 3.375.000

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