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If the prevailing market interest rate was 4% and bonds of XYZ Company had a stated/coupon rate of 5% would they be issued at a:

If the prevailing market interest rate was 4% and bonds of XYZ Company had a stated/coupon rate of 5% would they be issued at a:

A.

Discount

B.

Premium

C.

Stated value

D.

Par Value

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