Which statement describes the market interest rate?

a) it is the contractual interest rate used to determine the amount of cash interest paid by the borrower.

b) it is the rate stated on the bond certificate that determines the value at which bonds will sell.

c) it is listed in the bond indenture.

d) it is the rate investors demand for loaning funds.

The correct answer is letter "D": It is the rate investors demand for loaning funds.

Explanation:

The market interest rate us the current interest offered on cash deposits which are determined by their supply and demand according to their duration, amount, and the type of security offered. The market interest rate is mostly used in bank deposits but it can also be implemented in some other type of assets such as corporate bonds.

the first successful, urban blues recording, selling more than 75,000 copies, was made in year 1920.

mamie smith recorded the first commercially successful example of the urban blues,   with the recording of “crazy blues”."crazy blues" was recorded on august 10, 1920, in new york city. within a month of the release of “crazy blues” it had sold 75,000 copies.