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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 Coupon/Stated Rate 9 % 7

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

Bond 1 Bond 2 Bond 3 Bond 4 Coupon/Stated Rate 9 % 7 % 7 % 10 % Market Rate 7 % 8 % 7 % 9 % Group of answer choices

Bond 3.

Bonds 1 and 4.

Bond 1.

Bond 2.

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