Answer :
False
What is discount ?
Discounts are price reductions that store owners make on items or services that are otherwise priced as marked. This portion of the refund is typically provided to boost sales or get rid of excess inventory. The price of an item as stated by the manufacturer or seller, without any price decrease, is known as the List price or Marked Price. After any discounts or price reductions from the list price, the selling price is the final price at which an item is actually sold. Discounts are sometimes referred to as "off" or "reductions." It should be noted that the discount is always determined using the item's marked price (list price).
When the contract rate of a bond is greater than the market rate on the date of issuance, the bond sells at a discount is a false statement, due to the Contract Rate being less than the Market Rate.
The bond sells at a discount when the market rate is higher than the coupon rate. The discount gets smaller as adulthood gets closer.
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