Question: Current Attempt in Progress Cuso Inc. issues 1 0 - year bonds with a maturity value of $ 2 0 0 , 0 0 0
Current Attempt in Progress
Cuso Inc. issues year bonds with a maturity value of $ If the bonds are issued at a premium, what does this indicate?
The contractual interest rate exceeds the market interest rate.
No relationship exists between the market and contractual rates.
The market interest rate exceeds the contractual interest rate.
The contractual interest rate and the market interest rate are the same.
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