Massers Company is issuing long-term bonds to raise money for a planned acquisition. The face value of the bonds is $10,000,000. The stated interest rate is 10% payable semiannually for the 10 -year term. The current market rate for similar bonds is 8%. What amount of proceeds will Massers receive from this bond issue? $11,359,065.$10,053,465$12,934,265$10,000,000 Ziggy is shopping for a new car. The cash purchase price for the car is $43,100. What is the annual interest rate if Ziggy is required to make annual payments of $10,000 at the end of the next five years? 5% 4% 7% 6%