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A bond with a face value of $1,000 was issued for $950. Which of the following statements is TRUE? The stated interest rate is less

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A bond with a face value of $1,000 was issued for $950. Which of the following statements is TRUE? The stated interest rate is less that the market rate. None of these answers. The stated interest rate and the market rate are equal. The stated interest rate is more than the market rate. The bond was issued at a premium

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