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If bonds with a face value of $200,000 are issued at 95, the amount of cash proceeds is OA. $180,000 OB. $200,000 OC. $199,905 OD.
If bonds with a face value of $200,000 are issued at 95, the amount of cash proceeds is OA. $180,000 OB. $200,000 OC. $199,905 OD. $190,000 The market rate of interest O A. affects the amount of cash interest the borrower pays each year OB. is also known as the stated rate of interest OC. is printed on the bond and does not change from year to year OD. works with the stated rate of interest to set the price of a bond
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