Business
Business, 18.02.2021 21:30, marygatewell385

A bond issue with a face amount of $500,000 bears interest at the rate of 10%. The current market rate of interest is 11%. These bonds will sell at a price that is: Group of answer choices More than $500,000. Equal to $500,000. The answer cannot be determined from the information provided. Less than $500,000.

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A bond issue with a face amount of $500,000 bears interest at the rate of 10%. The current market ra...

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