Mashpotatoes4912 Mashpotatoes4912
  • 13-04-2022
  • Business
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Abc company is in the process of issuing bonds. The bonds have a stated interest rate of 6%, which is 2% above the current market rate. What effect will the two interest rates have on the bond issue price?.

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upisleft upisleft
  • 18-04-2022

Answer:

The issue price will be above the bond's face value.

Explanation:

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