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A 1 0 % stated rate bond is sold at a price that will result in a 9 % market rate effective yoeld Therefor, we

A 10% stated rate bond is sold at a price that will result in a 9% market rate effective yoeld Therefor, we cab conclude that the price at which the bond was sold was a, not determinable b. Equal to face value c. Less than dace value d. greater than face value

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