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If the market interest rate is 5%, a $10,000, 6%, 10-year bond, that pays interest annually would sell at an amount Select one: a. greater
If the market interest rate is 5%, a $10,000, 6%, 10-year bond, that pays interest annually would sell at an amount
Select one:
a. greater than face value.
b. that cannot be determined.
c. less than face value.
d. equal to face value.
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