Mars Corp Issued Ten-Year Bonds with a Maturity Value of

Multiple Choice

Mars Corp. issued ten-year bonds with a maturity value of $ 400,000. If the bonds were issued at a premium, this indicates that

A) the market rate was higher than the stated rate.
B) the stated rate was higher than the market rate.
C) the market and stated rates were the same.
D) no relationship exists between the two rates.