D Question 2 When a company sells its bonds at less than face value, the effective interest rate is: W lower than the nominal rate. higher than the market interest rate. higher than the contract interest rate. O lower than the yield rate. Question 3 The proper procedure for computing the issuance price of a bond includes adding the : O present value of the principal to the present value of the interest payments. maturity value of the bonds to the accrued interest. present value of the principal to the accrued interest. maturity value of the bonds to the present value of the interest payments