Question 40 (20 points) Tu-Tu Corp issues a 6-year, $100,000 bond with a stated interest rate of 10.00% The market rate is 8.00%. Interest is paid semi-annually. What is the interest expense at the end of year 3? (The effective interest rate method of amortization is used.) a) $4,324.45 b) $4,350.43 c) $4,375.41 d) $4,325.09 Question 23 (20 points) Tu-Tu Corp issues a 6-year, $100,000 bond with a stated interest rate of 10.00% The market rate is 8.00%. Interest is paid semi-annually. What is the amount of Premium Amortized at the end of the third period? (The straight-line method of amortization is used.) a) $782.11 b) $785.66 Oc) $780.34 O d) $788.02