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contract rate The face amount of each bond effective rate A form of an interest-bearing note bond discount The return required by the market on

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contract rate The face amount of each bond effective rate A form of an interest-bearing note bond discount The return required by the market on the day of issuance bond premium If the contract rate exceeds the effective rate bond The rate printed on the bond certificate bond indenture If the contract rate is less than the effective rate principal The contract between bond issuer and bond purchaser

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