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Given the information below, which bond(s) will be issued at a premium? Stated Rate of Return Market Rate of Return Bond 1 5% 7% Bond

Given the information below, which bond(s) will be issued at a premium? Stated Rate of Return Market Rate of Return Bond 1 5% 7% Bond 2 108 88 Bond 3 7% 7% Bond 4 10% 9% Multiple Choice Bond 1 Bond 2 Bond 3 Bonds 2 and 4

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