If the market rate of interest is 6%,a $10,000,10-year bond with a stated annual interest rate of 8% would issue at an amount:

Name: If the market rate of interest is 6%,a $10,000,10-year bond with a stated annual interest rate of 8% would issue at an amount:
Brand: Quizplus
Rating: 4.9 (45 reviews)

Question

Quizplus · Accepted Answer

Since the bond's stated interest rate (8%) is higher than the market rate of interest (6%), it would be more attractive to investors, leading to its issuance at a premium, or an amount greater than its face value.

If the Market Rate of Interest Is 6%,a $10,000,10-Year Bond