Question: 12) True or False: If a bond has a 10% stated interest rate and the market interest rate is 12% it will be sold at

12) True or False: If a bond has a 10% stated interest rate and the market interest rate is 12% it will be sold at a premium. True False 13) Which bond classifications are reported at the same value on the balance sheet? a. Held to Maturity and Available for Sale b. Trading Security and Available for Sale c. Trading Security and Held to Maturity d. Amortized cost and Market Value

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