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16. MC Qu. 07 A bond with a face value... A bond with a face value of $1,000 that sells for $1,000 in the market

16.

MC Qu. 07 A bond with a face value...

A bond with a face value of $1,000 that sells for $1,000 in the market is called a _____ bond.

a) par value

b) discount

c) premium

d) zero coupon

e) floating rate

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