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CGC Corp. has outstanding $600,000 of 5-year, 8% bonds payable with a yield rate of 9% that pays interest semi-annually. Which of the following statements

CGC Corp. has outstanding $600,000 of 5-year, 8% bonds payable with a yield rate of 9% that pays interest semi-annually. Which of the following statements is true: O a. O b. O C. The bond was issued at a discount. The bond was issued at a premium. The Present value factor for this bond valuation would be found in the 8% interest column. O d. The Present value factor for this bond valuation would be found in the 9% interest column

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