If the market rate of interest is greater than the contract rate of interest, the bonds will sell for a. their face amount. b. more than their face amount. c. less than their face amount. d. None of these choices are correct.
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Home » Business » If the market rate of interest is greater than the contract rate of interest, the bonds will sell for a. their face amount. b. more than their face amount. c. less than their face amount. d. None of these choices are correct.