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The market rate of interest for a bond issue which sells for more than its par value is: a. independent of the interest rate stated

The market rate of interest for a bond issue which sells for more than its par value is:

a. independent of the interest rate stated on the bond.

b. higher than the interest rate stated on the bond.

c. equal to the interest rate stated on the bond.

d. less than the interest rate stated on the bond.

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ANSWER b higher than the interest rate stated on the bond The stated interest rate is the interest r... blur-text-image

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