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Which of the following statements is true if a bond's stated interest rate is higher than the market rate? Select one: A. The bond will
Which of the following statements is true if a bond's stated interest rate is higher than the market rate?
Select one:
A. The bond will be issued for an amount lower than the maturity value.
B. The bond will be issued at a discount.
C. The bond will be issued at a premium.
D. The bond will be issued at par.
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