Match each bond term with the best possible definition. The bond is issued at less than face value. This is the interest rate you MUST use to calculate the present value of the bond (a/k/a issue price)? Match each of the options above to the items below. Premium bond Discount bond The coupon or stated rate of interest. The market rate of interest (a/k/a discount rate) The bond is issued 3 at greater than face value. This is the interest rate you MUST use to calculate the recurring interest payment on a bond payable. 3