QUESTION 11 State Street Beverage Company issues $805,000 of 9%, 10-year bonds on March 31, 2017 The bonds pay interest on March 31 and September 30 Which of the following statements is true? If the market rate of interest is 9%, the bonds will issue below par If the market rate of interest is 10%, the bonds will be issued at a premium of the market rate of interest is 8%, the bonds will issue at a discount If the market rate of interest is 9%, the bonds will be issued at par Chick Save and Submit to save and submit. Click Save All Ars to save all answers, DOLL