Determining Bond Premium or Discount Evans & Sons, Inc., decides to sell $1,000,000 in bonds to finance the construction of a new warehouse. The bonds will carry an annual coupon rate of interest of three percent to be paid semiannually, and will mature in five years. as if the market rate of interest at the time of issuance is five percent will the bonds sell at the faceau a discount or a premium bi if the market rate of interest at the time of issuance is the percent, will the band sell at the face value, a discount or a premium? of the market rate of interest at the time of issuance is two percent will the bonds sell at the ce n ter