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A bond issue with a face amount of $700,000 bears interest at the rate of 10%. The current market rate of interest is 11%. These
A bond issue with a face amount of $700,000 bears interest at the rate of 10%. The current market rate of interest is 11%. These bonds will sell at a price that is Multiple Choice The answer cannot be determined from the information provided More than $700.000 Less than $700,000 Equal to $700.000
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Practicing Leadership Principles and Applications
Authors: Arthur Shriberg, David Shriberg
4th edition
047008698X, 978-1118139653, 1118139658, 978-0470086988
