Question: v Question Completion Status: QUESTION 20 2.8 points If the market rate of interest is 10%, a $10,000, 12%, 10-year bond that pays interest semiannually

v Question Completion Status: QUESTION 20 2.8 points If the market rate of interest is 10%, a $10,000, 12%, 10-year bond that pays interest semiannually would sell at an amount less than face value. equal to the face value greater than face value. that cannot be determined QUESTION 21 2.8 points The Merchant Company issued 10-year bonds on January 1, 2011. The bon of 15% semiannually. The amount of the interest payment is $750 $1,500 $15,000 $7,500
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