QUESTION 34 2.5 points Save Answer On January 1, 2016, Crystal Corporation is planning to issue $10,000 of 5%, 5-year bonds. Interest will be paid at the end of each year. Assuming that the current market rate of interest for companies with comparable risk is 6%, at what price will the bonds be issued? Use the tables in the back of your book. A) $9,578.76 B) 59,846.54 C) $10,000.00 D) $13,382.26 Input the most correct Letter answer QUESTION 36 2.5 points Save Ans Knott Company uses the effective interest method of amortization. Knott issues a $1,000 bond on 1/1/16. The bond has a stated rate of interest of 5% and a term of 5 years. The market rate of interest on the date of issue is 4%. What is the Cash Flow Statement affect of the bond issuance? A) Operating Activity Inflow B) Financing Activity Outflow C) Investing Activity Outflow D) Financing Activity Inflow Input the correct Letter