Fundamentals of Financial Accounting 4th Edition by Fred Phillips,Robert Libby,Patricia Libby

Exercise 61

To determine if a bond will be issued at a premium, discount, or at face value, one must know which of the following pairs of information
A) The face value and the stated interest rate on the date the bonds were issued.
B) The face value and the market interest rate on the date the bonds were issued.
C) The stated interest rate and the market interest rate on the date the bonds were issued.
D) You can't tell without having more information.