Question: The stated and effective interest rates for several notes and bonds follow: Indicate whether each note/bond would be issued at a discount, par value, or

The stated and effective interest rates for several notes and bonds follow:


Stated Interest Rate Effective Interest Rate Note/Bond 10% 10% 11.5


Indicate whether each note/bond would be issued at a discount, par value, or a premium.

Stated Interest Rate Effective Interest Rate Note/Bond 10% 10% 11.5

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