For each of the following situations indicate whether the bonds were sold at

A. Premium B. Par C. Discount

- $100,000 5 year bonds with a contract rate of 13% are sold when the effective interest rate is 14%.

- $150,000 5 year bonds with a contract rate of 10% are sold when the effective interest rate is 8%.

- $100,000 10 year bonds with a 10% contract rate are sold when the effective interest rate is 10%.

- $200,000 5 year bonds with a contract rate of 10% are sold when the effective interest rate is 6%.

- $100,000 6 year bonds with a contract rate of 12% are sold when the effective interest rate is 16%.