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?

asked Dec 21, 2023 131k views

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6 votes

Answer:

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

Step-by-step explanation:

Evgeny Karkan answered Dec 27, 2023

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