Question: A $ 3 0 , 0 0 0 bond issue with a stated rate of interest of 6 % , when the market interest rate

A $30,000 bond issue with a stated rate of interest of 6%, when the market interest rate is 7%, means that the bond will be sold for
Question 11 options:
A)
more than $30,000.
B)
less than $30,000.
C)
$30,000.
D)
the maturity value.

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