The state sells 20-year 6% bonds having a face value of $10 million. the bonds are sold at a discount, so the state realizes a total of $9,900,000. equal installments of principal will be paid every six months, together with interest on the unpaid balance.

Which of the following best explains why online retail companies have an advantage over regular stores? a. their employees make less money because they mostly perform unskilled tasks. b. they are able to keep distribution costs low by negotiating deals with shipping companies. c. their transactions require expensive state-of-the-art technological devices. d. they have a larger number of potential customers because people anywhere can buy from them.