Question: bond issue with a face amount of $ 3 0 0 , 0 0 0 bears interest at the rate of 6 % . The

bond issue with a face amount of $300,000 bears interest at the rate of 6%. The cuffent market rate of interest thThese bonds will sell at a price that is: More than $300,000. The answer cannot be determined from the information provided. Less than $300,000. Equal to $300,000,Question 8

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