5. A 51.000 face value bond with a quoted price of 108 is selling for a. S108 b. S1080. c. $980. d. S1008 If the market interest rate is 12% would sell at an amount a $10,000. 10%. 10-year bond that pays interest annually a. less than face value. b. equal to face value. c. greater than face value. d. that cannot be determined. 7. The sale of bonds at discount a. is a rare occurrence. b. will cause the total cost of borrowing to be less than the bond interest paid. c. will cause the total cost of borrowing to be more than the bond interest paid. d. will cause the total cost of borrowing to be equal to the bond interest paid