Please explain.

Chicheley, Inc. issued with a maturity amount of $30,000.000 and a maturity date ten years from the date of issue. If the bonds were issued at a discount, this indicates that a. the effective rate of interest exceeded the stated rate of interest. b. the stated rate of interest exceeded the effective rate of interest. the stated rate of interest was equal to the effective rate of interest. investors at the time the bonds were sold were more interested in bond investments than d. equity investments