If a $6,000, 10%, 10-year bond, was issued on October 1, 2020 and the market rate...

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If a $6,000, 10%, 10-year bond, was issued on October 1, 2020 and the market rate was 8% at the time, then how much will the bond sell for at the time of issue if interest is payable annually? (Hint: calculation is not needed) $5,600 $6,000 $6,805 $5.454 If a $6,000, 10%, 10-year bond, was issued on October 1, 2020 and the market rate was 8% at the time, then how much will the bond sell for at the time of issue if interest is payable annually? (Hint: calculation is not needed) $5,600 $6,000 $6,805 $5.454