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If bonds are issued at a discount, which of the following would be true? The market interest rate is lower than the contractual interest rate.

If bonds are issued at a discount, which of the following would be true? The market interest rate is lower than the contractual interest rate. The bondholder will receive effectively less interest than the contractual rate of interest. The financial strength of the issuer is suspect. The market interest rate is higher than the contractual interest rate.

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