14. Based on the bond price, we could say that it was issued at . Then, what could you say about the interest rate at the time of issuance compared to the coupon rate? Explain.

Par value, interest rate is equal to coupon rate

Explanation:

Par value, face value or nominal value is the amount of money bond issuers oblige to pay to bond holders at its maturity. When the bond is issued at this value, it is issued without premium or discount or at equal interest and coupon rates. Interest rates are usually set by the market. Bondholder has rights to periodic coupon payments and nominal payment at bond's maturity.

answer; i believe that the correct answer is (d); the business benefits because owners can share responsibilities;