Question: Determine whether the following bonds payable will be issued at par value, at a premium, or at a discount. Bonds will be issued at Evergreen

Determine whether the following bonds payable will be issued at par value, at a premium, or at a discount.
Bonds will be issued at
Evergreen Company issued bonds payable that pay stated interest of 6.25%. On the date of issuance, the market interest rate was 6.75%.
Seven Hills, Inc., issued 3% bonds payable when the market rate was 3.75%.
Flagstaff Corporation issued 5% bonds when the market interest rate was 5%.
The market interest rate is 4%. Rainforest Corp. issues bonds payable with a stated rate of 5.5%.
par value
a premium
a discountA
Determine whether the following bonds payable

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