all answer choices are discount, par, premium

Instructions: Complete the following sentences by entering premium, discount, or par depending on each situation. 1. If the market rate of interest is 15% and the bond interest rate is 10%, the bonds will sell at a (Select] 2. If a bond's interest rate is 10% and the market rate of interest is 8%, the bonds will sell at a [ Select] 3. In computing the carrying amount of a bond, unamortized [Select) * is subtracted from the face value of the bond. 4. In computing the carrying amount of a bond, unamortized [ Select is added to the face value of the bond. 5. If a bond sells at a [Select] , an amount in excess of the face value of the bond is received on the date of issuance. 6. If a bond sells at a [ Select ] an amount less than the face value of the bond is received on the date of issuance. 7. If the cash received from the bond's issuance is the same as the bond's face value, the bond is said to have been issued at [Select]