$511,000 bond issue sold for $483,000. therefore, the bonds: multiple choice sold for the $511,000 face amount less $28,000 of accrued interest. sold at a discount because the stated interest rate was higher than the market rate. sold at a discount because the market interest rate was higher than the stated rate. sold at a premium because the stated interest rate was higher than the market rate.
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Category: ecology | Author: Hedda Galya
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