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The prices of several bonds with face values of $1,000 are summarized in the following table: Bond A B C D Price $972.50 $1,040.75 $1,150.00

The prices of several bonds with face values of

$1,000

are summarized in the following table:

Bond

A

B

C

D

Price

$972.50

$1,040.75

$1,150.00

$1,000.00

For each bond, state whether it trades at a discount, at par, or at a premium.

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