ndicate whether each of the following statements about bonds payable is true or false. a) At the time of issue, the effective interest rate of a particular bond is equal to the market rate of interest for bonds with a similar level of risk. b) When bonds are sold at 105, the stated interest rate of the bonds is lower than the market rate for investments with a similar level of risk. c) When bonds are sold at 95, the stated interest rate of the bonds is lower than the market rate for investments with a similar level of risk. d) When bonds are sold at 100, the stated interest rate of the bonds is lower than the market rate for investments with a similar level of risk. e)When bonds are sold at 101, the bonds were issued at a premium.