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27. When bonds are issued at a premium: A. interest expense on the bonds will be less than the interest paid. B. interest expense on

27. When bonds are issued at a premium: A. interest expense on the bonds will be less than the interest paid. B. interest expense on the bonds will be more than the interest paid. C. the bonds are sold for less than their face amount. D. the coupon interest rate is less than the market interest rate.

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