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If the market interest rate is 4.5%, a $100,000, 5.6%, 10-year bond that pays interest semi-annually would sell at an amount (a) less than face

If the market interest rate is 4.5%, a $100,000, 5.6%, 10-year bond that pays interest semi-annually would sell at an amount

(a) less than face value.

(b) equal to the face value.

(c) greater than face value.

(d) that cannot be determined

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