Question: D . $ ? 0 , 4 5 0 , 0 0 0 c . $ 1 9 , 7 0 0 , 0 0

D.$?0,450,000
c. $19,700,000
d. $19,100,000
4. Stuart, Inc. issued bonds with a maturity amount of $200,000 and a maturity ten years from date of issue. If the bonds were issued at a premium, this indicates that:
a. the market rate of interest exceeded the stated rate.
b. the stated rate of interest exceeded the market rate.
c. the market and stated rates coincided.
d. no necessary relationship exists between the two rates.
D . $ ? 0 , 4 5 0 , 0 0 0 c . $ 1 9 , 7 0 0 , 0 0

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