Question: A $ 1 0 , 0 0 0 bond issued with a stated interest rate of 7 % , when the market rate of interest

A $10,000 bond issued with a stated interest rate of 7%, when the market rate of interest is 8%, means that the bond will be sold for
Question 12 options:
A)
less than $10,000.
B)
more than $10,000.
C)
$10,000.
D)
the maturity value.

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