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If the market rate of interest is 6%, a $10,000, 10-year bond with a stated...

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Question

Accounting

If the market rate of interest is 6%, a $10,000, 10-year bond with a stated annual interest rate of 8% would be issued at an amount:

A) Less than face value

B) Equal to the face value

C) Greater than the face value

D) Equal to the face value minus a discount

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