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  3. a company issued a 10%, 5-year, $10,000 bond to an

A company issued a 10%, 5-year, $10,000 bond to an investor for a cash price...

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Accounting

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A company issued a 10%, 5-year, $10,000 bond to an investor for a cash price of $9,506. The best explanation/reason why the company did not receive exactly $10,000 cash is: the company paid a broker a commission on the issuance. the interest rate changed since the bonds were first offered, and the investor demanded a higher interest rate for her investment in the bond the interest rate changed since the bonds were first offered, and the investor accepted a lower interest rate for her investment in the bond none of the above are legitimate reasons

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