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Home Q & A Board Other Fields Homework Help Business Accounting
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bravata bravata
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7 years ago
A $5,000 bond issue with a stated interest rate of 8%, when the market rate of interest is 8%, means that the bond will sell for:
A) the maturity value.
B) $5,000.
C) more than $5,000.
D) less than $5,000.
Textbook 
Financial Accounting

Financial Accounting


Edition: 3rd
Authors:
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antonio_johnantonio_john
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Massachusetts Institute of Technology
-- Accounting

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bravata Author
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#2
6 years ago
This is a life saver
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