The coupon interest rate: is the same as the stated interest rate is the same as the market interest rate is the same as the effective interest rate is smaller than the stated interest rate. Question 4 A bond has a face value of $10,000,000. It has a stated interest rate of 5% and a market interest rate of 6%. It sold for $900,000. It pays interest once a year on December 31 . How much interest will the company pay each year? Question 5 1 pts A bond has a stated interest rate of 13% and a market interest rate of 12% It has a face value of $1,000. Interest is payable each February 1 and August 1 . How much interest would the company pay on February 1 ? $120 $65 $130 $60