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When bonds are issued at a premium, the total interest cost of the bonds over the life of the bonds is equal to the amount
When bonds are issued at a premium, the total interest cost of the bonds over the life of the bonds is equal to the amount of
interest paid over the life of the bond.
premium at sale point.
interest paid over the life of the bond plus the amount of premium at sale point.
interest paid over the life of the bond minus the amount of premium at sale point.
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