Answer items a through c below without calculating the issue price of the bonds in question 229 and briefly provide the reasoning behind your answer On January 1, 20X1, ABC Co issued five year term bonds maturing on December 31, 20X5, with a face value of $100,000 and a stated 8 annual interest rate Interest on the bonds is paid semi annually on June 30 and December 31 each year during the life of the bond issue The market rate of interest for similar bonds is also 8 Will these bonds be issued at face value, above face value (at a premium), or below face value (at a discount) On January 1, 20X1, ABC Co issued five year term bonds maturing on December 31, 20X5, with a face value of $100,000 and a stated 8 annual interest rate Interest on the bonds is paid semi annually on June 30 and December 31 each year during the life of the bond issue The market rate of interest for similar bonds is 6 Will these bonds be issued at face value, above face value (at a premium), or below face value (at a discount) On January 1, 20X1, ABC Co issued five year term bonds maturing on December 31, 20X5, with a face value of $100,000 and a stated 8 annual interest rate Interest on the bonds is paid semi annually on June 30 and December 31 each year during the life of the bond issue The market rate of interest for similar bonds is 10 Will these bonds be issued at face value, above face value (at a premium), or below face value (at a discount)

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On January 1, 20X1, ABC Co. issued five-year term bonds maturing on December 31, 20X5, with a face value of $100,000 and a stated 8% annual interest rate. Interest on the bonds is paid semi-annually on June 30 and December 31 each year during the life of the bond issue. The market rate of interest for similar bonds is also 8%. Will these bonds be issued at face value, above face value (at a premium), or below face value (at a discount)?
On January 1, 20X1, ABC Co. issued five-year term bonds maturing on December 31, 20X5, with a face value of $100,000 and a stated 8% annual interest rate. Interest on the bonds is paid semi-annually on June 30 and December 31 each year during the life of the bond issue. The market rate of interest for similar bonds is 6%. Will these bonds be issued at face value, above face value (at a premium), or below face value (at a discount)?
On January 1, 20X1, ABC Co. issued five-year term bonds maturing on December 31, 20X5, with a face value of $100,000 and a stated 8% annual interest rate. Interest on the bonds is paid semi-annually on June 30 and December 31 each year during the life of the bond issue. The market rate of interest for similar bonds is 10%. Will these bonds be issued at face value, above face value (at a premium), or below face value (at a discount)?