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1. If the contract interest rate is greater than the market interest rate then the bond will be sold at a A. Face value b.

1. If the contract interest rate is greater than the market interest rate then the bond will be sold at a

A. Face value

b. Premium

c. Discount

2. If the contract interest rate is less that the market interest rate then the bond will be sold at a

A. face value

b. Premium

C. Discount

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