Question: If the company issues a $ 1 0 0 , 0 0 0 , 1 0 % , 1 0 - year bond,

If the company issues a \$100,000,10\%,10-year bond, that pays interest semi-annually when market interest rate is \(12\%\), 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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If the company issues a \ $ 1 0 0 , 0 0 0 , 1 0 \

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