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  3. 37 award: 10.00 points a $500,000 bond issue sold

37 Award: 10.00 points A $500,000 bond issue sold for $510,000. Therefore, the bonds O...

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37 Award: 10.00 points A $500,000 bond issue sold for $510,000. Therefore, the bonds O Sold at a premium because the stated interest rate was higher than the market rate. Sold for the $500,000 face amount plus $10,000 of accrued interest. O O Sold at a discount because the stated interest rate was higher than the market rate. O Sold at a premium because the market interest rate was higher than the stated rate. References Multiple Choice Learning Objective: 09-05 Record the issuance of bonds and related interest Difficulty: 2 Medlum Learning Objective: 09-07 Calculate the issue price of a bond. 38. Award: 10.00 points Given the information below, which bonds) will be issued at a discount? Bond 1 Bond 2 Bond 3 Stated Rate of Return Market Rate of Return 55 78 Band 4 10% 9:36 12% O Bond 1. O Bond 2. O Bond 4. O Bonds 1 and 2. References

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