Business, 21.12.2020 17:50 mbrisen7420

If the market interest rate is 6%, a $10,000, 7%, 5-year bond, that pays interest semiannually would sell at an amount: a. greater than face value.
b. less than face value.
c. less than the maturity value.
d. equal to face value.

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If the market interest rate is 6%, a $10,000, 7%, 5-year bond, that pays interest semiannually would...

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