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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. less
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. less than face value. b. greater than face value. c. equal to face value. d. less than the maturity value.
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