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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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