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A bond issue with a face amount of $900,000 bears interest at the rate of 6%. The current market rate of interest is 7%. These

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A bond issue with a face amount of $900,000 bears interest at the rate of 6%. The current market rate of interest is 7%. These bonds will sell at a price that is: Multiple Choice More than $900,000 The answer cannot be determined fron, the information provided Equal to $900,000. 0

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