QUESTION1 A bond issue with a face amount of $100,000 bears interest at 5%. The current market rate of interest is 4%. The bonds will sell at a price that is: O greater than $100,000 O less than $100,000 O equal to $100,000 O The answer cannot be determined from the information provided. QUESTION 2 A $200,000 bond issue sold for $179,000. Therefore the bonds: OSold at a premium because the stated interest rate was greater than the market rate. Sold at face value because the stated interest rate was equal to the market rate. OSold at a discount because the stated interest rate was less than the market rate O Sold at a discount because the stated interest rate was greater than the market rate