QUESTION 3 If the nominal rate of bonds is higher than the contract rate, the bonds sell at price higher than par value. True False 1 points QUESTION 4 A company issued 10-year, 8% bonds with a par value of $400,000. Interest is paid semiannually. The market rate on the issue date was 75% The company received $413,896 in cash proceeds. Which of the following statements is true? O a. The company must pay $400,000 at maturity plus 20 interest payments of S15,000 each. O b. The company must pay $400,000 at maturity and no interest payments. c. The company must pay $413,896 at maturity plus 20 interest payments of S16,000 each. O d. The company must pay $400,000 at maturity plus 20 interest payments of S16,000 each. points Satan Sve AA QUESTION 5 to save all answers