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7. A premium bond has a: I. market price equal to the face value. II. market price that exceeds the face value. III. yield to

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7. A premium bond has a: I. market price equal to the face value. II. market price that exceeds the face value. III. yield to maturity that exceeds the coupon rate. IV. yield to maturity that is less than the coupon rate. A_. II and IV only b. I only c. I and III only (1. II and III only e. I and IV only

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