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A $515,000 bond issue sold for $475,000. Therefore, the bonds: Multiple Choice O Sold at a discount because the market interest rate was higher than

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A $515,000 bond issue sold for $475,000. Therefore, the bonds: Multiple Choice O Sold at a discount because the market interest rate was higher than the stated rate. Sold for the $515,000 face amountless $40,000 of accrued interest. Sold at a discount because the stated interest rate was higher than the market rate Sold at a premium because the stated interest rate was higher than the market rate

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