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4 of 11) Corner Corp. issued the bonds shown below on December 31, 2020. DATE CASH INTEREST PAYMENT INTEREST EXPENSE DISCOUNT AMORTIZATION DISCOUNT NET VALUE

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4 of 11) Corner Corp. issued the bonds shown below on December 31, 2020. DATE CASH INTEREST PAYMENT INTEREST EXPENSE DISCOUNT AMORTIZATION DISCOUNT NET VALUE OF BONDS PAYABLE 4,666 4,699 31-Dec-20 30-Jun-21 1-Dec-21 30-Jun-22 31-Dec-22 30-Jun-23 31-Dec-23 4,200 4,200 4,200 4,200 4,200 3,337 2,871 2,372 1,838 1,266 66,663 67,129 67,628 68,162 68,734 69,345 4,772 4,811 4,855 0 What is the annual market rate on these bonds? 1296 12.6% 13.3% 14%

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