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The Hyperion Corp. built a new headquarters to support its surging sales growth. To raise capital they issued $200,000 in 10 year bonds with a

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The Hyperion Corp. built a new headquarters to support its surging sales growth. To raise capital they issued $200,000 in 10 year bonds with a stated rate of interest at 8% on January 1st, 2019. Payments are due annually. Instead of issuing the bonds at Face Value (100), they were issue at 97. What does this mean? The bonds were issued at a discount Not all the bonds have been issued yet The bonds were issued at a premium It doesn't mean anything

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