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orever, Inc. announces an offer to issue bonds with a $100,000 par value, an 8%...

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Accounting

orever, Inc. announces an offer to issue bonds with a $100,000 par value, an 8% annual contract rate (paid semiannually), and a two-year life. The market rate is 10%, so the bonds will be sold at:
Multiple choice question.
present value
a premium
a discount
term

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