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12. If the market interest rate is 5%, a 10,000, 6%, 10-year bond that pays...

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Accounting

12. If the market interest rate is 5%, a 10,000, 6%, 10-year bond that pays interest annually would sell at an amount less than face value. ar C. greater than face value. b d. equal to face value. that cannot be determined.
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12. If the market interest rate is 5%, a 610,000,6%,10-year bond that pays interest annually would sell at an amount a. less than face value. b. equal to face value. c. greater than face value. d. that cannot be determined

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