Question 1 (15 points) TwoMuch $$$. Inc. sold a 5-year. $100.000 bond with a stated rate of 6% with interest payable semi-annually. The market rate is 8%. Using the effective interest rate method of amortization, what is the carrying value of the bond at the end of period 3? a) $91,888.70 Ob) $93.997.49 c) $92,564.25 d) $94,637.28 Question 3 (15 points) Duckie, Inc. borrows $150,000. It agrees to make four annual payments of an equal amount on a note. The interest rate is 12%. What is the interest payment for the second year? a) $14,233.72 Ob) $15,092.55 c) $18,000.00 d) $10,015.62 Hide hint for Question 3 You need to consult the Present Value of an Ordinary Annuity Table