Which of the following statements is true if a bond's stated interest rate is higher than the market rate?
a. the bond will be issued at par.
b. the bond will be issued at a discount.
c. the bond will be issued at a premium.
d. the bond will be issued for an amount lower than the maturity value.
Answers: 2
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Which of the following statements is true if a bond's stated interest rate is higher than the market...
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