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Title: AB Company sold and issued a $100,000, 10%, bond at 99. Therefore, the bond: Post by: Toko on Aug 31, 2018 AB Company sold and issued a $100,000, 10%, bond at 99. Therefore, the bond:
A) was sold at a premium because the stated interest rate was higher than the yield rate. B) sold at a discount because the stated interest rate was lower than the market interest rate. C) sold at a premium because the $1,000 accrued interest is added to the $100,000 face amount. D) was sold for $100,000 less $1,000 of accrued interest. Title: AB Company sold and issued a $100,000, 10%, bond at 99. Therefore, the bond: Post by: Flynn on Aug 31, 2018 B
Title: AB Company sold and issued a $100,000, 10%, bond at 99. Therefore, the bond: Post by: Toko on Aug 31, 2018 Tremendous help, I just double-checked it with my friend :D
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