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Business, 12.08.2020 08:01 jsh65bsbs

Assume that the following are independent situations recently reported in the Wall Street Journal. a. General Electric (GE) 7% bonds, maturing January 28, 2018, were issued at 110.30.
b. Boeing 7% bonds, maturing September 24, 2032, were issued at 98.15.

Required:
a. Were GE and Boeing bonds issued at a premium or a discount?
b. The General Electric bonds were issued at a and the Boeing bonds were issued at a

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