An investor has an established margin account with a current market value of $13,500 and a debit balance of $4,775, with Regulation T at 50%. How much excess equity does the investor have in the account

Abond is issued for less than its face value. which statement most likely would explain why? a. the bond's contract rate is higher than the market rate at the time of the issue. b. the bond's contract rate is the same as the market rate at the time of the issue. c. the bond's contract rate is lower than the market rate at the time of the issue. d. the bond isn't secured by specific assets of the corporation.