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

Given the information below, which bond(s) will be issued at a premium?
Stated Rate of Return
Market Rate of Return
Bond 1 Bond 2
Bond 3
6%
7%
12%
5%
8%
12%
Bond 4
14%
12%
80126:40
Multiple Choice
Bond 1
Bonds 1 and 4
Bond 2
Bond 3

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