Business
Business, 20.12.2019 05:31, flixtier

Abond issue with a face amount of $500,000 bears interest at the rate of 7%. the current market rate of interest is 8%. these bonds will sell at a price that is: select one: a. more than $500,000. b. the answer cannot be determined from the information provided. c. less than $500,000. d. equal to $500,000.

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Abond issue with a face amount of $500,000 bears interest at the rate of 7%. the current market rate...

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