Question: lestion 2 3 ( 1 point ) If bonds are issued at a discount, it means that the financial strength of the issuer is suspect.
lestion point
If bonds are issued at a discount, it means that the
financial strength of the issuer is suspect.
market interest rate is higher than the contractual interestrate.
bondholder will receive effectively less interest than the contractual interest rate.
market interest rate is lower than the contractual interestrate.
point
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