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11. If a bond sells at a discount, which of the following is true? rket interest rate is expected to increase above the stated interest
11. If a bond sells at a discount, which of the following is true? rket interest rate is expected to increase above the stated interest rate on the bond. b. c. d. The market interest rate at the time of issue is less than the stated interest rate on the bond. The market interest rate at the time of issue is the same as the stated interest rate on the bond issue. The market interest rate at the time of issue is greater than the stated interest rate on the bond
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