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1.Delta, Inc. issued bonds at a discount. This indicates that a. no necessary relationship exists between the two rates. b. the effective rate of interest
1.Delta, Inc. issued bonds at a discount. This indicates that
a. | no necessary relationship exists between the two rates. | |
b. | the effective rate of interest exceeded the stated rate. | |
c. | the stated rate of interest exceeded the market rate. | |
d. | the market and stated rates are equal. |
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