The relation between a bond's coupon rate and yield rate is known to influence a bond's issuance
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The relation between a bond's coupon rate and yield rate is known to influence a bond's issuance price. Presented below are coupon rates and yield rates for a selection of corporate bonds. Identity whether each bond was sold at a discount, at its par value, or at a premium, and explain why.
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Bond Coupon Rate Yield Rate A.... 7.5% 7.55% B... 8.1 8.00 C.... 6.0 6.00 D... 4.5 4.40 E.... 9.0 9.15
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