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17 The bond market is an important source of financing public projects and private corporations. What is a coupon bond? Explain why it is desirable

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17 The bond market is an important source of financing public projects and private corporations. What is a coupon bond? Explain why it is desirable to investors. Please provide an example. What is a discount bond? Explain why it is desirable to investors. Please provide an example. What is the advantage of a discount bond to the borrower? Why would an investor prefer a discount bond rather than a coupon bond

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