please answer 5-8 as they all are referenced to thr chart. thanks!!

44 Name Use the following information to answer questions 5-8: Discount-Mart issues $10 million in bonds on January 1, 2015. The bonds have a ten-year term and pay interest semiannually on June 30 and December 31 each year. Below is a partial bond amortization schedule for the bonds: 58,640,967 47,464 Cash Interest Increase in Carrying Date Paid Expense Carrying Value alue 1/1/2015 6/30/2015 $300,000 $345,639 $45,639 8,686,606 12/31/2015 300,000 347,464 8,734,070 6/30/2016 300,000 3 49,363 49.363 8 ,783.433 12/31/2016 300,000 351,337 51,337 8,834,770 5. What is the stated annual rate of interest on the bonds? a. 3% 1000022 b. 4% c. 6% 0.0022 d. 8% 000.0022 6. What is the market annual rate of interest on the bonds? (Hint: Be sure to provide the annual rate rather than the six month rate.) a. 3%. b. 4%. .DOL hon buo nnon c. 6%. 10 m o r e to be bon god d. 8%. 7. What is the interest expense on the bonds in 2015? a. $693,103 b. $600,000 c. $345,639. d. $347,464 borbenosom od obwohl 8. What is the carrying value of the bonds as of December 31, 2016? Luberoan inom sona. $8,834,770. badehomin g and b. $8,686,606. labore mom ents montant c. $8,734,070. borbenost od nie w d. $8,783,433. irusolo