If the market rate of interest is greater than the contractual rate of interest, bonds will sell:
a. at a premium.
b. at face value.
c. at a discount.
d. only after the stated rate of interest is increased.
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Home » Business » If the market rate of interest is greater than the contractual rate of interest, bonds will sell: a. at a premium. b. at face value. c. at a discount. d. only after the stated rate of interest is increased.