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1) A bond with par value of $1000 pays annual coupon interest of $50 and has a yield-to-maturity of 5.2%. This bond is a) a

1) A bond with par value of $1000 pays annual coupon interest of $50 and has a yield-to-maturity of 5.2%. This bond is a) a discount bond

b) a premium bond

c) selling at par

d) in the money

e) cannot be determined from the information given

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