Use the following information taken from a financial website to answer the following question(s) :
-Refer to the information above.Is the carrying value of Ford MTR's bonds higher or lower than the face value of its bonds?
Definitions:
Bidding Firm
A company that proposes a financial offer in an attempt to acquire another company or win a contract.
Board of Directors
A group of individuals elected by the shareholders of a corporation to oversee the management and make major decisions affecting the company's policies and strategies.
Horizontal Acquisition
A business strategy where a company acquires another in the same industry and at the same level of the supply chain.
Automaker
A company that manufactures and sells vehicles, including cars, trucks, and motorcycles.
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