Bonds are priced in the market so that their A. stated rate B. yield C. discount D. par value is the same as the market rate of interest.

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 14DQ
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K
Bonds are priced in the market so that their
A. stated rate
B. yield
OC. discount
OD. par value
is the same as the market rate of interest.
Transcribed Image Text:K Bonds are priced in the market so that their A. stated rate B. yield OC. discount OD. par value is the same as the market rate of interest.
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