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Your company sells $170,000 of bonds for an issue price of $175,100. Which of the following statements is correct? The bond sold at a price
Your company sells $170,000 of bonds for an issue price of $175,100. Which of the following statements is correct? |
The bond sold at a price of 51.50, implying a discount of $5,100.The bond sold at a price of 103.00, implying a discount of $5,100.The bond sold at a price of 103.00, implying a premium of $5,100.The bond sold at a price of 51.50, implying a premium of $5,100.
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