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2 3 5 6 Question 20 (20 points) Tu-Tu Corp issues a 6-year, $100,000 bond with a stated interest rate of 10.00% The market rate

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2 3 5 6 Question 20 (20 points) Tu-Tu Corp issues a 6-year, $100,000 bond with a stated interest rate of 10.00% The market rate is 8.00%. Interest is paid semi-annually. What is the amount of Premium Amortized at the end of the third period? (The straight-line method of amortization is used.) a) $788.02 b) $780.34 9 10 c) $785.66 12 13 d) $782.11

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