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Shane Company would like to raise $100,000 to expand it's business. To do so, Shane Co. has decided to issue (sell) 100 bonds for $1.000

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Shane Company would like to raise $100,000 to expand it's business. To do so, Shane Co. has decided to issue (sell) 100 bonds for $1.000 each. Shane Co. is offering to pay investors 8% Interest each year for five years. Indicate whether each of the following statements about Shane Company is true or false. a) If the market rate of interest for similar bonds is 8%, then Shane Company will sell their bonds at a discount. (Click to select) b) If the market rate of interest for similar bonds is 10%, then Shane Company will sell their bonds for less than $1,000 each. (Click to select) C) If Shane Company's bonds are sold at 105, then the stated interest rate of the bonds is higher than the market rate for similar bonds. (Click to select d) If Shane Company's effective rate is 6.5%, then the stated interest rate of the bonds is higher than the market rate for similar bonds. (Chick to select) e) in five years. Shane Company will pay back the face value of bonds ($100,000) that were sold at a premium. Click to seloc) (Cholo Solec True Falso

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