Question: TB MC Qu . 9 - 1 1 7 ( Static ) A bond issued at a premium... A bond issued at a premium indicates
TB MC QuStatic A bond issued at a premium...
A bond issued at a premium indicates that at the date of issue:
Multiple Choice
The bonds must be noninterest bearing.
The bonds were issued at a price less than their face amount.
Its stated rate was lower than the prevailing market rate of interest on similar bonds.
Its stated rate was higher than the prevailing market rate of interest on similar bonds.
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