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A 10-year corporate bond that pays annual interest payments has 8% of coupon rate and 10% of yield to maturity. This 10-year bond is: A.
A 10-year corporate bond that pays annual interest payments has 8% of coupon rate and 10% of yield to maturity. This 10-year bond is:
A. | sold at discount. | |
B. | sold at par. | |
C. | Cannot be determined based on the information giving. | |
D. | sold at premium. |
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