Question: Question 46 (15 points) TwoMuch $$$, Inc. sold a 5-year, $100,000 bond with a stated rate of 6% with interest payable semi-annually. The market rate

Question 46 (15 points) TwoMuch $$$, Inc. sold a 5-year, $100,000 bond with a stated rate of 6% with interest payable semi-annually. The market rate is 8%. Using the effective interest rate method of amortization, what is the carrying value of the bond at the end of period 3? a) $91,888.70 b) $93,997,49 c) $92,564.25 d) $94,637.28

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