Question 25 3 pts A bond issue with a face amount of $400,000 bears interest...
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Accounting
Question 25 3 pts A bond issue with a face amount of $400,000 bears interest at the rate of 8%. The current market rate of interest is 10%. These bonds will sell at a price that is: More than $400,000. Equal to $400,000. Less than $400,000. The answer cannot be determined from the information provided.
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