please help with #14 and #15

14) A $500,000 bond issue sold for $510,000. Therefore, the bonds: A) Sold at a premium because the stated interest rate was higher than the market rate. B) Sold for the $500,000 face amount plus $10,000 of accrued interest. C) Sold at a discount because the stated interest rate was higher than the market rate. D) Sold at a premium because the market interest rate was higher than the stated rate. 15) Discount-Mart issues $10 million in bonds on January 1, 2021. 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: Interest Increase in Carrying Date Cash Paid Expense Value Carrying Value 01/01/2021 $ 8,640,967 06/30/2021 $ 300,000 $ 345,639 $ 45,639 8,686,606 12/31/2021 300,000 347,464 47,464 8,734,070 06/30/2022 300,000 349,363 49,363 8,783,433 12/31/2022 300,000 351,337 51,337 8,834,770 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% C) 6%. D) 8%