A $ 1,000 face value bond with a quoted price of 97 is selling for Select one: O a. $97. b. $1,000 OC. $ 970. d. $ 907 Courses rd / My courses / ACCT 1210 A11 FALL 2021 / 18 October 24 October / Mini-Exam#1 Part2_16MCQ's Ch15 15minutes timed... CCT 1210: Financial Accounting II (A11) on 6 The sale of bonds at a premium indicates ed out of Select one: O a. the contractual rate is higher than the market interest rate. O b. the contractual rate of interest is less than the market rate of interest. Oc investors want to purchase the bonds because of the issuing company's financial strength. Od the bond issuer requires more cash