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Type or paste question here When the market rate of interest on bonds is higher than the contract rate , the bonds will sell at
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When the market rate of interest on bonds is higher than the contract rate, the bonds will sell at:
| a. | a discount | |
| b. | a premium | |
| c. | their face value | |
| d. | their maturity value |
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Financial Accounting And Reporting
Authors: Barry Elliott, Jamie Elliott
5th Edition
0273651560, 978-0273651567
