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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 12% 15% 108 108 12%

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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 12% 15% 108 108 12% 8% 7% 6% Stated Rate of Return Market Rate of Return Multiple Choice Bond 1 Bond 3. Bond 4 Bonds 1 and 2

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