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8. All else constant, a corporate bond that is selling at a discount, must have: A. a coupon rate that is equal to the yield
8. | All else constant, a corporate bond that is selling at a discount, must have: |
A. | a coupon rate that is equal to the yield to maturity. |
B. | a market price that is higher than par value. |
C. | semi-annual interest payments. |
D. | a yield to maturity that is less than the coupon rate. |
E. | a coupon rate that is less than the yield to maturity
. |
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