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16. Listed below are five terms followed by a list of phrases that describe or phrase...

16. Listed below are five terms followed by a list of phrases that describe or phrase with the best term placing the number designating

1. Bonds issued at face value
2. Bonds issued at a discount

3. Stated interest rate 4. Bonds issued at a premium
5. Market interest rate

The true interest rate used by investors to value a bond.

The stated interest rate is more than the market interest rate.

The stated interest rate equals the market interest rate.

The stated interest rate is less than the market interest rate.

The rate quoted in the bond contract used to calculate the cash payments for interest.

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