Question: 18. Given the information below, which bond(s) will be issued at a premium? Bond 1 Bond 2 Bond 3 Bond 4 Stated Rate of Return

18. Given the information below, which bond(s) will be issued at a premium?

Bond 1

Bond 2

Bond 3

Bond 4

Stated Rate of Return

6%

4%

8%

7%

Market Rate of Return

7%

3%

8%

5%

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