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A company wishes to issue $ 6 0 0 , 0 0 0 of 1 0 - year, 6 . 8 % bonds with interest
A company wishes to issue $ of year, bonds with interest paid annually at the end of the year. The market rate of interest is currently What information is needed in order to determine the selling price?
a The market rate of interest, the stated rate of interest, the bond rating, and the bond life
b The life of the bonds, the market rate of interest, the bond rating, and the face value of the bonds
c The face value of the bonds, the stated rate of interest, the market rate of interest, and the bond life
d The face value of the bonds, the market rate of interest, the purpose of the issue, and the bond life
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