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A bond was issued at a par value of $1,000 when the interest rate for similar bonds was 8 percent.Presently,new bonds issued with a similar creditworthiness have a 10 percent interest rate.Which of the following is most likely to be true about the bond?
Cloaca
A common cavity at the end of the digestive tract for the release of both excretory and genital products in many vertebrates, excluding most mammals.
Excretion
The process by which metabolic waste products and toxic substances are removed from the body of an organism.
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