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State Street Beverage Company issues $815,000 of 9%, 10-year bonds on March 31, 2017. The bonds pay interest on March 31 and September 30. Which
State Street Beverage Company issues $815,000 of 9%, 10-year bonds on March 31, 2017. The bonds pay interest on March 31 and September 30. Which of the following statements is true? OA W the market rate of interest is 10%, the bonds will issue at par. OB. If the market rate of interest is 10%, the bonds will issue above par OC. If the market rate of interest is 10%, the bonds will issue at a discount. OD. If the market rate of interest is 10%, the bonds will issue at a premium
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