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Which of the following statements is TRUE about a bond that is issued at a premium? It will be sold above face value

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Which of the following statements is TRUE about a bond that is issued at a premium?

1. 1. It will be sold above face value.
   2. Its interest rate lower than the prevailing market rate.
   3. It will repay principal at more than the face value.
   4. It will be sold at face value.