When a Note Receivable Was Issued at an Amount That

Multiple Choice

When a note receivable was issued at an amount that is more than its face value

A) The note was issued at a premium and the note's stated rate was different from the market rate of interest
B) The note was issued at a discount and the note's stated rate was the same as the prevailing market rate of interest
C) The note was issued at a premium and the note's stated rate was the same as the prevailing market rate of interest
D) None of these