Question: 1) Bonds will sell for a ________ when the stated rate of interest exceeds their market rate. Discount Premium Par Value Yield 2. Starland Companys

1) Bonds will sell for a ________ when the stated rate of interest exceeds their market rate.

  1. Discount
  2. Premium
  3. Par Value
  4. Yield

2. Starland Companys 2020 financial statements contain the following selected data:

Income Taxes $25,000

Interest Expense $20,000

Net Income $55,000

Starlands times interest earned for 2020 is:

A)

4.0 times

B)

5.0 times.

C)

2.20 times.

D)

2.75 times.

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