If bonds are issued at 101.25, this means that a. a $1,000 bond sold for $101.25. b.

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If bonds are issued at 101.25, this means that

a. a $1,000 bond sold for $101.25.

b. the bonds sold at a discount.

c. a $1,000 bond sold for $1,012.50.

d. the bond rate of interest is 10.13 percent of the market rate of interest.

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Cornerstones Of Financial Accounting Current Trends Update

ISBN: 9781111527952

1st Edition

Authors: Jay Rich , Jeff Jones, Maryanne Mowen , Don Hansen

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Question Posted: Sep 19, 2024 04:01 AM

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If bonds are issued at 101.25, this means that a. a $1,000 bond sold for $101.25. b. the bonds sold at a discount. c. a $1,000 bond sold for $1,012.50. d. the bond rate of interest is 10.13 percent...
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If bonds are issued at 101.25, this means that a. a $1,000 bond sold for $101.25. b.

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Cornerstones Of Financial Accounting Current Trends Update

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