Tony Hawk's Adventure (THA) issued callable bonds on January 1, 2021. THA's accountant has projected the following amortization schedule from issuance until maturity: 11 Increase in Carrying Value Interest Expense Cash Paid Skipped Date 01/01/2021 06/30/2021 12/31/2021 06/30/2022 12/31/2022 06/30/2023 12/31/2023 $10,000 10,000 10,000 10,000 10,000 10,000 $11,866 11,959 12,057 12,160 12,268 12,379 $1,866 1,959 2,057 2,160 2,268 2,379 Carrying value $ 237, 311 239,177 241,136 243,193 245,353 247,621 250,000 ebook What is the annual stated interest rate on the bonds? (Hint: Be sure to provide the annual rate rather than the six-month rate.) (Do not round your intermediate calculations.) Multiple Choice 10% O O 9% o 4%