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Reich, Inc. issued bonds with a maturity amount of $200,000 and a maturity ten years from date of issue. If the bonds were issued at
Reich, Inc. issued bonds with a maturity amount of $200,000 and a maturity ten years from date of issue. If the bonds were issued at a premium, this indicates that A. the effective yield or market rate of interest exceeded the stated (nominal) rate. B. the market and nominal rates coincided. C. the nominal rate of interest exceeded the market rate. D. no necessary relationship exists between the two rates
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