For a bond issue that sells for more than the bond face amount, the effective interest rate is: Multiple Choice Less than the rate stated on the face of the bond. The rate printed on the face of the bond. More than the rate stated on the face of the bond. The Wall Street Journal prime rate.
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Home » Business » For a bond issue that sells for more than the bond face amount, the effective interest rate is: Multiple Choice Less than the rate stated on the face of the bond. The rate printed on the face of the bond.