LG Corp. authorized and issued 4-year, $75,000 bonds on January 1, 2020, at 102, bearing interest at 6%, payable semiannually on July 1 and January 1. For this bond issuance, what is the face value, selling price, and stated rate per payment period?

Face Value: $76,500 Selling Price: $75,000 Stated Rate per Payment Period: 3%

Face Value: $75,000 Selling Price: $73,529 Stated Rate per Payment Period: 3%

Face Value: $75,000 Selling Price: $76,500 Stated Rate per Payment Period: 3%

Face Value: $75,000 Selling Price: $73,529 Stated Rate per Payment Period: 6%

Face Value: $76,500 Selling Price: $75,000 Stated Rate per Payment Period: 6%

Face Value: $75,000 Selling Price: $76,500 Stated Rate per Payment Period: 6%