1.The cash interest payment each period is calculated as the:

Select one or more:

a. Face amount times the stated interest rate.

b. Carrying value times the market interest rate.

c. Face amount times the market interest rate.

d. Carrying value times the stated interest rate.

2.Interest expense on bonds payable is calculated as the:

Select one or more:

a. Carrying value times the market interest rate.

b. Face amount times the stated interest rate.

c. Carrying value times the stated interest rate.

d. Face amount times the market interest rate.