need help with accounting

Accounting
Tutor: None Selected Time limit: 1 Day

If a bond is issued at a premium, the effective interest rate is most likely _______ the contract interest rate.
A. higher than
   
B. lower than
   
C. the same as
   
D. Answer can’t be determined based on information given.

May 5th, 2015

A. higher than than the contract itself due to the believe that the inflation will occur and the investors will demand to earn a higher interest

May 5th, 2015

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May 5th, 2015
Dec 8th, 2016
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