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Which of the following statements is true of a bond that is issued at a premium? A) It will be sold above par. B) Its
Which of the following statements is true of a bond that is issued at a premium?
A) It will be sold above par.
B) Its stated interest rate is lower than the prevailing market rate.
C) It will repay a greater amount than the face value at maturity.
D) It will be sold at par.
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