Note: Answer problems regarding present value calculations and the effective interest method of amortization only if the appendices were studied in your course. Recall as well that "issuing a $100,000 bond at 105", for example, means that the bond is sold for $100,000 x 105 % = $105,000. CP 10-1 Required: Complete the following by responding either premium or discount. 1. If the market rate of interest is 15% and the bond interest rate is 10%, the bonds will sell at a 2. If a bond's interest rate is 10% 8%, the bonds will sell at a 0% and the market rate of interest is 3. In computing the carrying amount of a bond, unamortized is subtracted from the face value of the bond. 4. In computing the carrying amount of a bond, unamortized is added to the face value of the bond. an amount in excess of the 5. If a bond sells at a face value of the bond is received on the date of issuance. 6. If a bond sells at a an amount less than the face value of the bond is received on the date of issuance.