Geni Brands a top children's educational group issues bonds at 98, which means that the stated rate was: A. Equal to the market rate of interest B. Higher than the market rate of interest C. Not related to the market rate of interest D. Lower than the market rate of interest

Essentials Of Investments
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ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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Geni Brands a top children's educational group issues bonds at 98, which means that the stated rate was: A. Equal to the market rate of interest B. Higher than the market rate of interest C. Not related to the market rate of interest D. Lower than the market rate of interest
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