Question: Bonds will sell for a ________ when the market rate of interest exceeds their stated rate. Discount Premium Par Value Yield If the market rate

Bonds will sell for a ________ when the market rate of interest exceeds their stated rate.

  1. Discount
  2. Premium
  3. Par Value
  4. Yield

If the market rate is lower than the stated rate, bonds will be issued at

  1. Discount
  2. Premium
  3. Par Value
  4. Yield

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