Question: Bonds with a 5 % stated interest rate that are issued when the effective rate of interest is 6 % will: Group of answer choices

Bonds with a 5% stated interest rate that are issued when the effective rate of interest is 6% will:
Group of answer choices
Be issued at a premium
Be issued at a discount
Not be issued because the stated rate is less than the market rate
Be issued at an amount equal to the maturity value of the bond

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