Bond x and bond y are both issued by the same company. each of the bonds has a face value of $100,000 and each matures in 10 years. bond x pays 8% interest while bond y pays 7% interest. the current market rate of interest is 7%. which of the following is correct?
both bonds will sell for the same amount.
bond x will sell for more than bond y.
both bonds will sell at a premium.
bond y will sell for more than bond x.

Evan company reports net income of $232,000 each year and declares an annual cash dividend of $100,000. the company holds net assets of $2,130,000 on january 1, 2017. on that date, shalina purchases 40 percent of evan's outstanding common stock for $1,066,000, which gives it the ability to significantly influence evan. at the purchase date, the excess of shalina’s cost over its proportionate share of evan’s book value was assigned to goodwill. on december 31, 2019, what is the investment in evan company balance (equity method) in shalina’s financial records?