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1 b) You are required to identify whether the following bonds will be issued at face value, a premium, or a discount: The market interest

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1 b) You are required to identify whether the following bonds will be issued at face value, a premium, or a discount: The market interest rate is 9%. Moonlight Inc. issues bonds with a stated rate of 8.5% 11. Skyrocket Corporation issued 7.5% bonds when the market rate was 7.5%. XSpace Corporation issued 8% bonds when the market interest rate was 6.75%. TV Company issued bonds that pay cash interest at the stated interest rate of 7%. At the date of issuance, the market interest rate was 8.25%. iu 11

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