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Other Fields Homework Help Accounting Topic started by: tivo on Feb 21, 2017



Title: A $10,000 bond issue with a stated rate of interest of 7%, when the market rate of interest is 8%, ...
Post by: tivo on Feb 21, 2017
A $10,000 bond issue with a stated rate of interest of 7%, when the market rate of interest is 8%, means that the bond will be sold for:
A) $10,000.
B) more than $10,000.
C) less than $10,000.
D) the maturity value.


Title: Re: A $10,000 bond issue with a stated rate of interest of 7%, when the market rate of interest is ...
Post by: antonio_john on Feb 21, 2017
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Title: Re: A $10,000 bond issue with a stated rate of interest of 7%, when the market rate of interest is 8%, ...
Post by: tivo on Apr 10, 2017
I appreciate it once again, answered correctly