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Hele Save & Exit am 3 Ch 7-9) TB MC Qu. 9-137 X2 issued callable bonds on January... 49 X2 issued Callable bonds on January

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Hele Save & Exit am 3 Ch 7-9) TB MC Qu. 9-137 X2 issued callable bonds on January... 49 X2 issued Callable bonds on January 1, 2021 The bonds pay werest annually on December 31 each your X2's accountant has projected the following amortization schedule from issuance until maturity Decrease in Interest Carrying Carrying Date Cash Paid Expense Value Value 01/01/2021 $119,715 12/31/2021 59,200 $8,380 $ 820 118,895 12/31/2022 9,200 8,323 118,018 12/31/2023 9,200 8,261 939 117,079 12/31/2024 9,200 8,196 1,004 116,074 12/31/2025 9,200 8,125 1,075 115,000 877 What is the annual stated interest rate on the bonds? Multiple Choice 35% 30 or De 2 4 5 6 7 8 9 Q W E R T Y U o P A S D G H J . L N C > B

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