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If bonds are issued at a discount, it means that the ed out of Select one: a. market interest rate is lower than the contractual

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If bonds are issued at a discount, it means that the ed out of Select one: a. market interest rate is lower than the contractual interest rate b. financial strength of the issuer is suspect c. market interest rate is higher than the contractual interest rate d. bondholder will receive effectively less interest than the contractual interest rate. stion Next page

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