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answer asap:) Which of the following statements is/are true? 1. If a $150,000 face value bond is issued at 120, the cash received will be
answer asap:)
Which of the following statements is/are true? 1. If a $150,000 face value bond is issued at 120, the cash received will be $180,000 II. If a public company issued bonds at a discount it indicates that the company has a poor credit rating III. If the market rate is 6% and the stated rate is 5%, the bonds will sell at a discount IV. If the market rate is 996 and the stated rate is 10%, the bonds will sell at a premium Select one: o a. IV, only o b. All four statements are correct. o C. I, III, and IV O d. I, II, and I o e. I and IV Step by Step Solution
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