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19. LO 13.3 Gingko Inc. issued bonds with a face value of $100,000, a rate of 7%, and a 10-yearterm for $103,000. From this information,

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19. LO 13.3 Gingko Inc. issued bonds with a face value of $100,000, a rate of 7%, and a 10-yearterm for $103,000. From this information, we know that the market rate of interest was A. more than 7% B. less than 7% C. equal to 7% D. equal to 1.3%

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