Adonis Corporation issued 10-year, 11% bonds with a par value of $210,000. Interest is paid semiannually. The market rate on the issue date was 10%. Adonis received $223,087 in cash proceeds. Which of the following statements is true?

Adidas must pay $210,000 at maturity plus 20 interest payments of $11,550 each.

Adidas must pay $223,087 at maturity plus 20 interest payments of $11,550 each.

Adidas must pay $210,000 at maturity and no interest payments.

Adidas must pay $223,087 at maturity and no interest payments.

Adidas must pay $210,000 at maturity plus 20 interest payments of $10,500 each.