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On January 1, , Credit Union () issued , -year bonds payable with face value of . The bonds pay interest on June 30 and
On January 1, , Credit Union () issued , -year bonds payable with face value of . The bonds pay interest on June 30 and December 31. Read the requirementsLOADING.... Question content area bottom Part 1 Requirement 1. If the market interest rate is when issues its bonds, will the bonds be priced at face value, at a premium, or at a discount? Explain. The bonds issued when the market interest rate is
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