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X2 issued callable bonds on January 1, 2021: The bonds pay interest annually on December 31 each year X2s accountant has projected the following amortization

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X2 issued callable bonds on January 1, 2021: The bonds pay interest annually on December 31 each year X2s accountant has projected the following amortization schedule from issuance until maturity Date 01/01/2021 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025 Interest Decrease in Carrying Carrying Cash Paid Expense Value Value $104,212 $7,000 $6,253 $ 747 103,465 7,000 6,208 792 102,678 7,000 6,160 840 101,833 7,000 6,110 890 180 943 7.000 943 100,000 6,057 What is the annual market interest rate on the bonas? Multiple Choice BOB Next > PIE What is the annual market interest rate on the bonds? Multiple Choice 7% 6%. 3.5% 3% O Praw 6 nf 50

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