grindle ltd has total assets of $1.5 million and liabilities of

Question 4 If the entity is offering a higher interest rate on debentures than the market believes is appropriate, the market will: be prepared to pay more than the par value of the debentures, offering a discount. be prepared to pay less than the par value of the debentures, offering a discount. be prepared to pay more than the par value of the debentures, offering a premium be prepared to pay less than the par value of the debentures, offering a premium. Moving to the next question prevents changes to this