D Question 1 5 pts If the contract rate is 12% and the market rate is 13%, a bond will sell at: a discount at face value a premium O at par value D Question 2 5 pts The premium on bonds payable is: subtracted from bonds payable and shown with the current liabilities on the balance sheet added to bonds payable and shown with the long-term liabilities on the balance sheet O added to bonds payable and shown with long-term liabilities on the income statement subtracted from bonds payable and shown with long-term liabilities on the balance sheet added to bonds payable and shown with stockholder's equity on the balance sheet