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What does it mean that a 8 year, 9%, annual, $4,160,000 bond was issued at 95? A. The bond sold at a premium. B. The
What does it mean that a 8 year, 9%, annual, $4,160,000 bond was issued at 95?
A. The bond sold at a premium.
B. The bond sold for 95% plus accrued interest.
C. The bond sold at a discount.
D. The bond sold 95 days after interest started accruing.
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