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Hatter Company's new bond issue with face amount of $7 million sells for $6.8 million. Which of the following facts may explain why the bonds
Hatter Company's new bond issue with face amount of $7 million sells for $6.8 million. Which of the following facts may explain why the bonds sell at a discount? Multiple choice question. Hatter Company must have issued its bonds after the first interest payment was due. Hatter Company's stated interest rate must be lower than that of competing companies in the bond market. Hatter Company's reputation must have been recently impaired
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