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1 of 8 > View Policies -/12 E Current Attempt in Progress On September 1, 2021, Oriole Corporation issued $545,000 of 10-year, 3% bonds at

1 of 8 > View Policies -/12 E Current Attempt in Progress On September 1, 2021, Oriole Corporation issued $545,000 of 10-year, 3% bonds at 96. Interest is payable semi-annually on September 1 and March 1. Oriole's fiscal year end is February 28. Is the market rate of interest higher or lower than 3%? Market interest rate is eTextbook and Media List of Accounts Question Part Score than 3% Record the issue of the bonds on September 1 2021. (Credit account titles are automatically indented when the amount is entered. De cmquired, select "No Entry" for the dccount titles and enter O for the amounts)

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