if the market rate of interest is lower than the stated rate, bonds will sell at an amount ?

Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter9: Long-term Liabilities
Section: Chapter Questions
Problem 17DQ
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if the market rate of interest is lower than the stated rate, bonds will sell at an amount ?
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