A premium bond is defined as a bond that: Multiple Choice A) has a duration that is less than 1.0. B) has a face value that exceeds its market value. C) is callable at a price which exceeds the face value. D) has a market price that exceeds par value. E) is selling for less than face value.
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Home » Business » A premium bond is defined as a bond that: Multiple Choice A) has a duration that is less than 1.0. B) has a face value that exceeds its market value. C) is callable at a price which exceeds the face value.