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Home Q & A Board Other Fields Homework Help Business Accounting
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tivo tivo
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7 years ago
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.
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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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tivo Author
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#2
7 years ago
I appreciate it once again, answered correctly
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