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A premium bond is a bond that: a. is call able within 12 months or less b. has a face value in excess of $1,00
A premium bond is a bond that:
a. | is call able within 12 months or less |
b. | has a face value in excess of $1,00 |
c. | has a market price which exceeds the face value |
d. | is selling for less than par value |
e. | has a par value which exceeds the face value |
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