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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 Market

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 Market Rate of Return 9% 12% 12% 12% 12% 10% 14% 10% Multiple Choice Bond 1. Bond 2 Bond 3. Bonds 2 and 4

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