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If the market interest rate is seven percent at the same time as a bond issued by a company pays five percent, how will these

If the market interest rate is seven percent at the same time as a bond issued by a company pays five percent, how will these bonds sell in the secondary market?

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  • they will sell at par.

  • they will sell at the stated value.

  • they will sell at a premium.

  • they will sell at a discount.

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