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$1,000, 3% bond is selling for $970. What reason is the Fesult of this selling price? O a. The market interest rate is lower than

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$1,000, 3% bond is selling for $970. What reason is the Fesult of this selling price? O a. The market interest rate is lower than bond interest rate. O b. The market interest rate is higher than bond interest rate. O c. The selling price is $970 because the interest rate is 3% Od. The 3% interest is paid separately from the bond

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