Sort each item. Every miss tells you why.
1.Contract rate 8%, market rate 10%
2.Contract rate 8%, market rate 6%
3.Contract rate 8%, market rate 8%
4.Bond quoted at 97
5.Bond quoted at 103½
6.Market rates rose between printing the bonds and selling them
7.Interest expense each period is more than the cash interest paid
8.Interest expense each period is less than the cash interest paid
Issue $100,000 of 8% bonds at par.