A Bond Will Sell __________When the Stated Rate of Interest

Multiple Choice

A bond will sell __________when the stated rate of interest exceeds the required rate of return,when the stated rate of interest is less than the required return, and ___________ when thestated rate of interest is equal to the required return.

A) equal to the par value; at a premium; at a discount
B) at a premium; equal to the par value; at a discount
C) at a premium; at a discount; equal to the par value
D) at a discount; at a premium; equal to the par value