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Given the information below, which bond(s) will be issued at a premium? bond 1 bond 2 bond 3 bond 4 Stated Rate of Return 12%

Given the information below, which bond(s) will be issued at a premium?

bond 1 bond 2 bond 3 bond 4

Stated Rate of Return 12% 8% 13% 10%

Market Rate of Return 9% 8% 10% 13%

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