Question: Goal Inc. authorizes and issues 5 - year, $ 5 , 0 0 0 bonds on January 1 of Year 1 , bearing interest at

Goal Inc. authorizes and issues 5-year, $5,000bonds on January 1 of Year 1, bearing interest at 5%. When the market rate is 5%, the selling price of the bond isa. Lower than $5,000b. Larger than $5,000c. Equal to $5,000d. Not enough information to determine

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