Business, 05.03.2020 19:44 blink182lovgabbie

A bond is issued with a face amount of $500,000 and a stated interest rate of 10%. The current market rate of interest is 8%. These bonds will sell at a price that is: Multiple Choice Less than $500,000. The answer cannot be determined from the information provided. More than $500,000. Equal to $500,000.

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A bond is issued with a face amount of $500,000 and a stated interest rate of 10%. The current marke...

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