If a Note Receivable Was Issued at an Amount That

Multiple Choice

If a note receivable was issued at an amount that is more than its face value, then

A) the note was issued at a premium and the note's stated rate was different from the prevailing market rate of interest.
B) the note was issued at a premium and the note's stated rate was the same as the prevailing market rate of interest.
C) the note was issued at a discount and the note's stated rate was the same as the prevailing market rate of interest.
D) the note was issued at a discount and the note's stated rate was different from the prevailing market rate of interest.