Question: 1. In items a-f, define whether the bond was issued at a premium (PR), discount, (DI), or par (PAR) when the face value of the
1. In items a-f, define whether the bond was issued at a premium (PR), discount, (DI), or par (PAR) when the face value of the bond was $1,000 with a 10% coupon rate.
PR/DI/PAR
a) The market rate of the bond was 11% when sold ________
b) The issuing company received $1,050.00 ________
c) The market rate of the bond was 9% when sold ________
d) The issuing company received $1,000.00 ________
e) The issuing company received $983.00 ________
f) The market rate of the bond was 10% ________
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