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 interest at the time of issue.
C) The stated rate of interest is more than the market rate of interest at the time of issue.
D) The stated rate of interest is same as the market rate of interest at the time of issue.
B
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