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Given the information below, which bond(s) will be issued at a discount? Stated Rate of Return Market Rate of Return Bond 1 10% 12% Bond

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Given the information below, which bond(s) will be issued at a discount? Stated Rate of Return Market Rate of Return Bond 1 10% 12% Bond 2 8% 8% Bond 3 12% 15% Bond 4 12% 10% Given the information below, which bond(s) will be issued at a premium? Bond 1 7% 8% Stated Rate of Return Market Rate of Return Bond 2 12% 10% Bond 3 10% 10% Bond 4 8% 9%

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