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18. A bond issued for a premium indicates that at the date of issue A) its contract rate was lower than the prevailing market rate

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18. A bond issued for a premium indicates that at the date of issue A) its contract rate was lower than the prevailing market rate of interest on similan bonds. B) its contract rate was equal to the prevailing market rate of interest on C) the bonds were issued at a price greater than their face valuc D) the bonds are noninterest-bearing. similar bonds 19. A bonds contract rate of immerest is also called: A) All of the other terms B) the stated rate C) the coupon rate D) the nominal rate A bond's market rate of interest is also called A) only the effective rate B) only the yield rate 20. D) None of the terms listod in the other answers Page 5

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