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Paddy's Pub Inc., issues bonds with a 6% coupon rate and $1000 face value. The market rate for similar bonds is 5.2%. Paddy's bonds will

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Paddy's Pub Inc., issues bonds with a 6% coupon rate and $1000 face value. The market rate for similar bonds is 5.2%. Paddy's bonds will sell at: A discount Par A premium Not enough information

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