Question: If the company issues a $ 1 0 0 , 0 0 0 , 1 0 % , 1 0 - year bond,
If the company issues a $year bond, that pays interest semiannually when market interest rate is the bond would sell at an amount
less than face value.
equal to face value.
that cannot be determined based on the information given.
greater than face value.
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