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A $10,500,000, 15%, 10-year bond that pays interest annually is sold when the market rate of interest is 106. The bonds will sell at an

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A $10,500,000, 15%, 10-year bond that pays interest annually is sold when the market rate of interest is 106. The bonds will sell at an amount that cannot be determined. less than face value. O greater than face value. O equal to face value

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