Business, 13.08.2020 20:01, miya257916

Tony Hawk's Adventure (THA) issued callable bonds on January 1, 2021. THA's accountant has projected the following amortization schedule from issuance until maturity: Date Cash Paid Interest Expense Increase in Carrying Value Carrying Value 01/01/2021 $ 189,516 06/30/2021 $ 6,000 $ 7,581 $ 1,581 191,097 12/31/2021 6,000 7,644 1,644 192,741 06/30/2022 6,000 7,710 1,710 194,451 12/31/2022 6,000 7,778 1,778 196,229 06/30/2023 6,000 7,849 1,849 198,078 12/31/2023 6,000 7,922 1,922 200,000 What is the annual market interest rate on the bonds

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Tony Hawk's Adventure (THA) issued callable bonds on January 1, 2021. THA's accountant has projected...