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discount or premium Band Premiums and Discounts being the excess of the face value over the selling If bonds are sold below their face value,
discount or premium
Band Premiums and Discounts being the excess of the face value over the selling If bonds are sold below their face value, they are issued at a discount the amount of the price Bonds sold above par are issued at the excess of the selling price over the race value discount premium Step by Step Solution
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