10 and 11 ert tpx connect est 5 10 and tn ns I help Wayne Company issued bonds with a face value of $600,000, a 6% stated rate of interest, and a 10-year term. The bonds were issued on January 2016, and Wayne uses the straight-line method of amortization Interest is paid annually on December 31 If Wayne issued the bonds for 96 O the bonds carried a variable or floating rate that changed in response to market conditions O O the market rate of interest was equal to the stated rate of interest. the market rate of interest was higher than the stated interest rate the market rate of interest was lower than the stated rate of interest Type here to search