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8. A bond pays a coupon of $160. If the market interest rate is 17%, then the bond will sell at a ___________. If the

8. A bond pays a coupon of $160. If the market interest rate is 17%, then the bond will sell at a ___________. If the market interest rate is 15%, then the bond will sell at a __________.

Question 8 options:

A) discount; discount

B) premium; premium

C) discount; premium

D) premium; discount

E) par value; discount

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