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Your corporation is considering three bond issues. Which issuance would lead to interest expense on the income statement to be greater than the coupon payment?

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Your corporation is considering three bond issues. Which issuance would lead to interest expense on the income statement to be greater than the coupon payment? 5-year 4% bonds issued at $970 per bond. 5-year 4% bonds issued at $1,070 per bond. Interest expense will never equal the coupon payment. Interest expense will always equal the coupon payment. 5-year 4% bonds issued at $1,000 per bond

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