Question: Below is an amortization schedule for a bond. Which statement is (approximately) true with regards to the bond when it was issued on January 1,

 Below is an amortization schedule for a bond. Which statement is

Below is an amortization schedule for a bond. Which statement is (approximately) true with regards to the bond when it was issued on January 1, 2019? Choose the best answer. 3 Unsaved | 1/1/2019 12/31/2019 12/31/2020 | 12/31/2021 12/31/2022 $ 30,000.00 $ 30,000.00 $ 30,000.00 $ 30,000.00 $19,338.16 $19,018.30 $18,688.85 $18,349.51 $10,661.84 $10,981.70 $11,311.15 $11,650.49 $644,605.18 $633,943.34 $622,961.64 $611,650.49 $600,000.00 The stated rate of interest on this bond is 5% but there is not enough information provided to determine the approximate market rate of interest. O The stated rate of interest on this bond is 5% and the market rate is approximately 3%. ( The stated rate of interest on this bond is 3% and the market rate is approximately 5%. o The stated rate of interest on this bond is 5% and the market rate is greater than 5%

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