6. FWP issues $100,000, 10-year bonds on January 1, 2021. The stated rate of interest on the bonds is 10% payable annually on 12/31. Requirements a) thru c) request information for the bonds immediately after issuance (January 1, 2021). Requirements d) and e) request general information about the bonds. Each case represents a different situation under which the bonds might have been issued. Bonds Payable, net is the same terminology as carrying value discussed in class. Hint - if you are having trouble figuring out what 100, 103, and 95 mean, please consult the Gary Worksheet or the reading of this chapter on Canvas. Case 1 Case 2 Case 3 Bonds sold Bonds sold Bonds sold at 100 at 103 at 95 21 Bonds Payable b) Unamortized Premium or Discount Bonds Payable. net d) Amount of cash paid for interest on 12/31 State whether the market rate of interest for FWP is the same as, higher than, or lower than the stated rate of interest (write "same", higher" or "lower" in the box) NOTE - e) above should read State whether the stated rate of interest for FWP is the same as, higher than, or lower than the market rate of interest