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If the market interest rate is 6%, a $10,000, 7%, 5-year bond, that pays interest semiannually would sell at an amount: Select one: a. equal
If the market interest rate is 6%, a $10,000, 7%, 5-year bond, that pays interest semiannually would sell at an amount: Select one: a. equal to face value. b. less than the maturity value. c. greater than face value. d. less than face value.
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