If bonds are issued at 101.25 , this means that

a. a \(\$ 1,000\) bond sold for \(\$ 101.25\)

b. a \(\$ 1,000\) bond sold for \(\$ 1,012.50\)

c. the bonds sold at a discount

d. the bond rate of interest is \(10.125 \%\) of the market rate of interest