When a note is issued at a discount which of the following is not true?

Question

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When a note is issued at a discount, the borrower receives less cash than the face value (A is true), the interest expense over the life of the note is greater than the cash paid for interest because the discount is amortized and added to the interest expense (B is true), and the market rate of interest is indeed greater than the face rate of interest, which is why the note is issued at a discount (D is true). However, the cash repaid at maturity is equal to the face value of the note, not less (C is not true).

When a Note Is Issued at a Discount Which of the Following