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18. Given the information below, which bond(s) will be issued at a premium? Bond 2 Stated Rate of Return Market Rate of Return Bond 1

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18. Given the information below, which bond(s) will be issued at a premium? Bond 2 Stated Rate of Return Market Rate of Return Bond 1 4% 3% 6% 6% Bond 3 5% 6% Bond 4 8% 7% 19. % BAD Company issues 6%, 10-year bonds with a face amount of $1,000,000 on January 1, 20A for $1,000,000. Interest is paid semiannually on June 30 and December 31. What was the market interest rate for the bond issuance? Page 9-2 Chapter 9

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