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Question 2 of 5 7.56/8 View Policies Show Attempt History Current Attempt in Progress On September 1, 2021. Cullumber Corporation issued $665,000 of 10-year, 3%

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Question 2 of 5 7.56/8 View Policies Show Attempt History Current Attempt in Progress On September 1, 2021. Cullumber Corporation issued $665,000 of 10-year, 3% bonds at 98. Interest is payable semi-annually on September 1 and March 1. Cullumber's fiscal year end is February 28. Your answer is correct. is the market rate of interest higher or lower than 396? Market interest rate is higher than 3% e Textbook and Media list of Accounts estion 2 of 5

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