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Jones Co. issued a $1,000 face amount 10-year bond and received $1,000 at the time of issuance. The bond sold at: Face value A premium

Jones Co. issued a $1,000 face amount 10-year bond and received $1,000 at the time of issuance.

The bond sold at:

Face value

A premium

A discount

Cannot be determined without knowing interest rates

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