If the Market Rate of Interest Is 6%,a $10,000,10-Year Bond

Multiple Choice

If the market rate of interest is 6%,a $10,000,10-year bond with a stated annual interest rate of 8% would be issued at an amount:

A) less than face value.
B) equal to the face value.
C) greater than face value.
D) equal to the face value minus a discount.