Question: please help with multiple choice. will give thumbs up :) A $500,000 bond issue sold at 99 . Therefore, the bonds: [5 points] None of
A $500,000 bond issue sold at 99 . Therefore, the bonds: [5 points] None of the above. Sold for the $500,000 face amount less $5,000 of accrued interest. Sold at a premium because the stated rate of interest was higher than the market rate. Sold at a premium because the market interest rate was lower than the stated rate Sold at a discount because the stated rate of interest was lower than the market rate
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