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Which one of the following statements regarding bond pricing and market interest rates is true? a. Bond is sold at a Discount when the market

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Which one of the following statements regarding bond pricing and market interest rates is true? a. Bond is sold at a Discount when the market rate is lower than the stated rate on the bond b.Bond is sold at a Premium when the market rate is lower than the stated rate on the bond O c. There is no relationship between bond prices and market interest rates d. Bond is sold at a Discount when the market rate is equal to the stated rate on the bond

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