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

Read each statement below, indicate if it is true or false, and give a brief explanation of your answer 1. hen a bond is sold at a discount, the cash received is less than the present value ot the future cash flows trom the bond, based on the market rate of interest on the date ot issue. O A. because the market rate of interest is used when calculating the present value of the future cash flows False B. the discount amount equals to the difference between the cash received and the present value of the future cash flows. ??. the cash received is equal to the present value of the future cash flows the cash recelved is more than the present value of the future cash flows. D. When a bond is issued at a disoount, the semiannual cash interest payments are calculated using the market rate on the date of issue A. the contract (stated) rate, not the market rate, is always used to calculate the cash interest payment. O B. the contract (stated) rate is used to calculate the present value of the tuture cash flows trom the bond. O c. because the bond is issued at a discount. OD. the market rate is only used to calculate cash interest payment when a bond is issued at a premium