Please calculate and explain

Use the following information for the next 3 questions: On 1/1/17, a company issues a $100,000 face value bond with an 8% stated rate maturing on 1/1/27. At issuance, the market rate is 11%. Interest is paid semiannually on 7/1 and 1/1 beginning 7/1/17. 9. What is the amount of the selling price of this bond? A. $60,727 B. $100,000 C. $82,075 D. $126,883 10. Under the effective interest method, what will happen on 12/31/17 when the company prepares its financial statements? A. Interest Expense will be debited for $4,000 B. The carrying value will be $82,074 C. The carrying value will be $82,588 D. Discount on Bonds Payable will be credited for $542

12. Assume the company called the bond on 1/1/24 at 99 and that the unamortized Discount is $3,758. Which of the following is incorrect? A. Credit Cash for $99,000 B. Debit Gain on Redemption of Bonds Payable for $2,758 C. Credit Discount on Bonds Payable for $3,758 D. Debit Bonds Payable for $100,000