Question: When do bonds usually sell at a premium? When the market rate of interest is equal to the stated rate of interest on the bonds
When do bonds usually sell at a premium?
When the market rate of interest is equal to the stated rate of interest on the bonds
When the stated rate of interest on the bonds is greater than the market rate of interest
When the market rate of interest is greater than the stated rate of interest on the bonds
When the price of the bonds is less than their maturity value
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