Elance Exams Answers PDF file

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Download PDF file of elance Zoho Creator Exam Answers

Karson Inc. issues 10-year bonds with a maturity value of $200,000. If the bonds are issued at a premium, this indicates that:

the contractual interest rate and the market interest rate are the same.
the contractual interest rate exceeds the market interest rate.
no relationship exists between the two rates.
the market interest rate exceeds the contractual interest rate.
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