$1.$ The interest rate to be paid on the face amount of the bond is called the $\_\_\_\_\_.$

contract rate

effective rate

discount rate

None of these are correct.

a

$2.$ When a corporation issues bonds, the proceeds received for the bonds will depend on$\_\_\_\_\_.$

the face amount of the bonds

the interest rate on the bonds

the market rate of interest for similar bonds

All of these are correct