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QUESTION 2 For 2015 interest expense for a bond is $12.400 and the cash interest payment is $12,200. The bond was issued at a:

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QUESTION 2 For 2015 interest expense for a bond is $12.400 and the cash interest payment is $12,200. The bond was issued at a: O Discount Premium Par Deep discount QUESTION 3 A bond is issued with a face value of $1,000,000 and is dated January 1, 2015 The stated interest rate is 85% and the market rate is 62% Interest is paid on March 31, June 30, September 30, and December 31. What is the coupon payment? 42.500 O31,000 21.250 15,500 85,000 62,000

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