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General Accounting Discussions: If a bond of 50000000 is issued at 9% and market value is 8.92%

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    • CommentAuthorbonjulie
    • CommentTimeAug 1st 2007
     
    is the bond being issued at a discount or premium?
    • CommentAuthorpalal9923
    • CommentTimeAug 8th 2007 edited
     
    I believe it would be a premium since the coupon rate is higher than the market rate.

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