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21. Which of the following statements is correct? The market rate of interest has no bearing on the selling price of the bonds. If the

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21. Which of the following statements is correct? The market rate of interest has no bearing on the selling price of the bonds. If the stated rate of interest on a bond is equal to the market rate of interest, then the bond will sell at a premium price O There are almost always small differences between the stated rate and the market rate when bonds are issued O The market rate of interest refers to the interest rate that the bond-issuing company promises to pay the bondholders

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