Question: Question 3 6 . 6 7 pts A corporation issues 1 0 - year bonds with a maturity value of $ 2 0 0 ,

Question 3
6.67 pts
A corporation issues 10-year bonds with a maturity value of $200,000. If the bonds are issued for $198,000, what does this indicate?
The bonds do not have a contractual interest rate.
The contractual interest rate and the market interest rate are the same.
No relationship exists between the market and contractual rates.
The contractual interest rate exceeds the market interest rate.
The market interest rate exceeds the contractual interest rate.
Question 3 6 . 6 7 pts A corporation issues 1 0 -

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