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XYZ Corporation sold 50 bonds with a $1,000 face value at 101. What is the amount of the premium recorded at the time of the

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XYZ Corporation sold 50 bonds with a $1,000 face value at 101. What is the amount of the premium recorded at the time of the bond issue? O $50,000 O $49.500 O $500 O $50,500

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