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A bond issue with a face amount of $1,000,000 bears Interest at the rate of 10%. The current market rate of interest is 12%. These

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A bond issue with a face amount of $1,000,000 bears Interest at the rate of 10%. The current market rate of interest is 12%. These bonds will sell at a price that is: Multiple Choice Equal to $1,000,000 More than $1,000,000 Less than 100.000

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