Which of the following previously issued bonds (one of these 4) would be currently valued...
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Finance
Which of the following previously issued bonds (one of these 4) would be currently valued at a premium if the prevailing interest rate for bonds of similar risk is 9% (current interest rates are 9%)?
1.
8% Bond with annual payments
2.
9% Bond with annual payments
3.
10% Bond with annual payments
4.
None of the above
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