Discount-Mart isues $18 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 Value Date e1/01/2021 Cash Paid Expense Carrying Value $15,935,414 15,991,539 16,051,031 16,114,093 16,180,939 06/30/2021 $900,000 900,000 gee, e00 $956,125 959,492 963,062 966, 846 $56,125 59,492 63,062 66,846 12/31/2021 06/30/2022 12/31/2022 900, 0 Whet is the stated annual rate of interest on the bonds? (Hint Be sure to provide the annual rte rather then the stx-month rate) (Do not round your Intermediate calculations.) Mutiple Choice 10% ( Prer 29 ot 30 E Noxt> 432 PM DELL F2 76 17 FB F10 F12 PetScr sert Delete %23 Backso 6. 4. G. H. Alt Page Up Alt Ctri +Home FL