If the market rate of interest is greater than the contractual rate of interest, bonds will sell :
a. at a premium.
b. at face value.
c. at a discount.
d. only after the stated rate of interest is increased.

c. at a discount.

Explanation:

If the market interest rate is greater than the contractual rate of interest, the bond will sell at a discount. It means that the bond is selling at a rate less than its par value.

If the market interest rate is less than the contractual rate of interest, the bond will sell at a premium. It means that the bond is selling at a rate higher than its par value.

If the market interest rate is equal to the contractual rate of interest, the bond will sell at par or at face value.

answer; ///(d); determining who competes most closely   with whom evaluating whether industry driving forces and competitive pressure favor some strategic groups and hurt others, and ascertaining whether the profit potential of different strategic groups varies due to the strengths and weaknesses in each groups respective market positions;