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Assume the market rate of interest is at 13%. If Toys Inc. is offering a $20,000 12% interest rate 10-year bond that pays interest annually,

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Assume the market rate of interest is at 13%. If Toys Inc. is offering a $20,000 12% interest rate 10-year bond that pays interest annually, this bond would most likely sell at an amount: o less than the face value of the bond (i.e. at a discount). O greater than the face value of the bond (i.e. at a premium). equal to the face value of the bond

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