Question: QUESTION 10 1pc The discount or premium will be fully amortized at maturity, the carrying value of the bonds will be equal to bonds market
QUESTION 10 1pc The discount or premium will be fully amortized at maturity, the carrying value of the bonds will be equal to bonds market value, True False 1 poir QUESTION 11 When the contract rate on a bond issue is less than the market rate, the bonds will generally sell at a discount True False 1 points QUESTION 12 A 10-year bond issue with a $100,000 par value, 8% annual contract rate, with interest payable quarterly means that the issuer must repay $100,000 at the end of 10 years and make 40 interest payments of $2,000 each. True False
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