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A $ 1 , 0 0 0 par value corporate bond that pays $ 4 5 annually in interest was issued last year. Which one
A $ par value corporate bond that pays $ annually in interest was issued last year. Which one of these would apply to this bond today if the current price of the bond is $
Multiple Choice
The bond is selling at par value.
The bond is currently selling at a premium.
The current yield exceeds the coupon rate.
The coupon rate has increased to percent.
The current yield exceeds the yield to maturity.
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