27. If the market rate of interest is at 13%, a $20,000 12% 10-year bond that pays interest annually would most likely sell at an amount: A) equal to the face value of the bond. B) greater than the face value of the bond (i.e. at a premium). D) less than the face value of the bond (i.e. at a discount). Not enough information to draw a conclusion. 28. Football Enterprises issues 1,000 20-year, 690, $1,000 bonds to fund their new sports stadium on January 1, 2013 at 105. The bond premium recorded for this ansaction would be a: A S0, there is no bond premium on this transaction. B) $60,000 debit to Premium on Bonds Payable C) $60,000 credit to Premium on Bonds Payable D) $50,000 credit to Premium on Bonds Payable