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AB Company issued a $100,000, 10%, bond at $99. Therefore, the bond: Multiple Choice sold at a premium because the $1,000 accrued interest is added

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AB Company issued a $100,000, 10%, bond at $99. Therefore, the bond: Multiple Choice sold at a premium because the $1,000 accrued interest is added to the $100,000 face amount. was sold at a premium because the stated interest rate was higher than the yield rate sold at a discount because the stated interest rate was lower than the market interest rate was sold for $100,000 less S1,000 of accrued Interest

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