Which of the following rates is the rate at which other bonds of a similar nature are paying

1.

Contract rate

2.

Utility rate

3.

Market rate

4.

Courtesy rate

Which of the following rates is used to calculate the interest paid to bondholders?

1.

Contract rate

2.

Market rate

3.

Utility rate

4.

Insurance rate

Which of the following would be considered a long-term liability?

1.

Accounts receivable

2.

Land

3.

Accounts payable

4.

Bonds payable