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MC Qu . 0 8 Bonds will sell at: Bonds will sell at: Multiple Choice A premium if the stated rate exceeds the market rate.

MC Qu

. 08

Bonds will sell at:

Multiple Choice

A premium if the stated rate exceeds the market rate.

Their face value if the stated rate is equal to the nominal rate.

Their face value unless the stated rate is less than the market rate

A discount if the stated rate exceeds the market rate.

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