Question: Legend issues, 1 0 % 2 0 year bonds with a par value of $ 1 million in semi annual interest payments in each separate

Legend issues,

10 % 20

year bonds with a par value of $

1

million in semi annual interest payments in each separate situation determine whether the bond is issued at Parv at a discount or a premium market rate for the bond is

9 %

discount par value premium market rate for the bond is

10 %

discount par value premium market rate for the bond is

11 %

discount par value premium

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