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If the market rate of interest is 5 % , a $ 1 0 0 , 0 0 0 , 6 % , 3 0

If the market rate of interest is 5%, a $100,000,6%,30-year bond that pays interest annually would sell at an amount
less than face value (discount).
equal to face value.
greater than face value (premium).
none of the above.
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