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Assume that bonds are issued at a premium. Which of the following statement is TRUE? A. The quoted bond price is less than 100. B.

Assume that bonds are issued at a premium. Which of the following statement is TRUE? A. The quoted bond price is less than 100. B. The market interest rate is greater than the stated interest rate. C. The book value of the bonds will increase during the term of the bonds. D. Interest expense will decrease during the term of the bonds.

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