The Bonds are issued at stated rate of interest lower than the market rate of interest, then the investors will get the boost for investment only when the bonds are the issued at a discount on its nominal value. The conditions in which the issuer has to make the bonds issuance at a discount need to be determined.

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Chapter 14, Problem 6RQ

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The Bonds are issued at stated rate of interest lower than the market rate of interest, then the investors will get the boost for investment only when the bonds are the issued at a discount on its nominal value.

The conditions in which the issuer has to make the bonds issuance at a discount need to be determined.

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