When will bonds sell at a discount?
A) The credit standing of the issuing company is not as good as other companies in a similar line of business
B) The stated rate of interest is less than the market rate of intent at the time of the issue
C) The states rate of interest is more than the market rate of interest at the time of the issue
D) The stated rate of interest is same as the market rate of interest at the time of issue
Answer: B
If the answers is incorrect or not given, you can answer the above question in the comment box. If the answers is incorrect or not given, you can answer the above question in the comment box.