Read each statement? below, indicate if it is true or? false, and give a brief explanation of your answer.

Read each statement below, Indlcate It it is true or talse, and glve a briet explanation ot your answer. VWhen a bond is sold at a discount, the cash recelved is less than the present value of the future cash flows from the bond, based on the market rate of Interest on the date of issue. O A. because the market rate of interest is used when calculating the present value of the future cash flows. O Bthe discount amount equals to the difference between the cash received and the present value of the future cash flows. C. the cash received is equal to the present value of the future cash flows. O D. the cash recelved is more than the present value ot the tuture cash tlows