If the rate of interest on bonds is lower that the current market rate, the bonds will sell at

Name: If the rate of interest on bonds is lower that the current market rate, the bonds will sell at
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Question

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When the rate of interest on bonds is lower than the current market rate, the demand for the bonds will be lower, resulting in a lower price. This means the bonds will sell at a discount, below their face value.

If the Rate of Interest on Bonds Is Lower That