When the market rate of interest is equal to the stated rate of interest on the bond the bond will require?

When the market rate of interest is equal to the stated rate of interest on a bond, the bond will trade at its par value, or face value. This means that investors are willing to pay the full amount for the bond because the yield they would receive from the bond matches the current market rate. Consequently, there is no premium or discount applied to the bond's price.