Van Hookie, Inc. issued bonds with a maturity amount of $200,000 and a maturity ten years from the date of issue. If the bonds w

Question

2 years ago

14

Van Hookie, Inc. issued bonds with a maturity amount of $200,000 and a maturity ten years from the date of issue. If the bonds w

ere issued at a premium, this indicates that:________
a. the effective yield or market rate of interest exceeded the stated (nominal) rate.
b. the stated rate of interest exceeded the market rate.
c. the market and stated rates coincided.
d. no necessary relationship exists between the two rates

Business

1 answer:

valentina_108 [34] · Answer 1 · 2022-08-28T03:18:38+03:00

valentina_108 [34]2 years ago

4 0

Answer:

c

Explanation: