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please answer both questions ABC company issued two bonds, X and Y. Both of the bonds have a face value of $100,000 and mature in

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ABC company issued two bonds, X and Y. Both of the bonds have a face value of $100,000 and mature in 10 years. The interest rate of bond X is 8% and the interest rate of bond Y is 7%. The current market rate is 7%. Which of the following is correct? Select one or more a. Bond Y will sell for more than Bond X. b. Both bonds will sell for the same amount. c. Bond X will sell for more than Bond Y. d. Both bonds will sell at a premium ABC company issued a bond on Jan. 1st, 2018. ABC Company prepared the following amortization bond 1 edule for the Date Cash Pald Interest Expense Decrease in Carrying Value Carrying Value 7 1/1/2018 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 7000 7,000 7,000 7,000 7.000 $6.253 6,208 6,160 6.110 6,057 $747 792 840 890 943 $104,212 103,465 102,673 101,833 100,943 100,000 The Bond is issued for Select one or more: a $104.212. m b$100,000 Cannot be determined from the given information d. $107.000

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