Business
Business, 14.02.2020 01:40, DEUEIW

On August 31, Jackson Enterprises issued bonds with a par value of $750,000 and a stated interest rate of 8%. Interest is payable semiannually on June 30 and December 31. If the proceeds from the issue amounted to $760,000, the bonds were likely

A
sold at a higher effective interest rate.
B
sold at a discount.
C
sold at a premium.
D
issued at par plus accrued interest.

answer
Answers: 1

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