17. Bond X and Bond Y are both issued by the same company. Each of the bonds has a face value of $100,000 and each matures in 10 years. Bond X pays 6% interest while Bond Y pays 7% interest. The current market rate of interest is 7%. Which of the following is correct? a. Both bonds will sell for the same amount. b. Bond X will sell for more than Bond Y. c. Bond Y will sell for more than Bond X. d. Both bonds will sell at face. 18. Given the information below, which bond(s) will be issued at a discount? Bond 1 Bond 2 Bond 3 Bond 4 Stated Rate of Return 6% 4% 7% 7% Market Rate of Return 7% 3% 8% 7% 19. % The company issues 7%, 10-year bonds with a total face amount of $1,000,000 on January 1, 20A for $1,000,000. Interest is paid semi-annually on June 30 and December 31. What was the market rate of interest for the bond issuance