Business, 08.10.2019 05:30 Dariana123

A$500,000 bond issue sold for $490,000. therefore, the bonds:
sold at a discount because the stated interest rate was higher than the market rate.
sold for the $500,000 face amount less $10,000 of accrued interest.
sold at a premium because the stated interest rate was higher than the market rate.
sold at a discount because the market interest rate was higher than the stated rate.

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A$500,000 bond issue sold for $490,000. therefore, the bonds:
sold at a discount because the...

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