22. The interest rate investors demand for loaning funds is the a. market interest rate. b. stated rate. C. contractual interest rate. d. bond interest rate. 23. If bonds can be converted into common stock, a. they will sell at a lower price than comparable bonds without a conversion feature. b. they will carry a higher interest rate than comparable bonds without the conversion feature. C. they will be converted only if the issuer calls them in for conversion. d. the bondholder may benefit if the market price of the common stock increases substantially