Find the bond market to investors at an amount

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Reference no: EM132512162

Question 1: If the market rate of interest for similar bonds is 7%, a $500,000, 5% stated rate, 20 year bond issue that pays interest semiannually would sell in the bond market to investors at an amount:

A. equal to face value

B. greater than face value

C. would be impossible to sell

D. less than face value

Reference no: EM132512162

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