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Southern Airlines issued 25-year bonds with a maturity value of $2 million. Which statement is t rue if the bonds were issued at a premium?

Southern Airlines issued 25-year bonds with a maturity value of $2 million. Which statement is true if the bonds were issued at a premium?

The yield rate of interest exceeded the coupon rate

The cash rate of interest exceeded the coupon rate

The yield rate of interest was less than the coupon rate

The yield rate of interest was greater than the maturity value of the bonds

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