Which of the Following Statements Is TRUE About a Bond

question 74

Multiple Choice

Which of the following statements is TRUE about a bond that is issued at a discount?

• A) It will be sold at par.
• B) Its interest rate is higher than the prevailing market rate.
• C) It will repay principal at less than the face value.
• D) It will be sold for less than the face value.

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Definitions:

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Stool For Fat

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