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Bond Price United States Steel Corporation's (X) 7.5% bonds due in 2022 were reported as selling for 103.2. Were the bonds selling at a

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Bond Price United States Steel Corporation's (X) 7.5% bonds due in 2022 were reported as selling for 103.2. Were the bonds selling at a premium or at a discount? Why is United States Steel able to sell its bonds at this price? The bonds were selling at a because the market rate of interest for similar quality bonds was than 7.5%

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