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A bond has a market price that exceeds its face value. Which of the following features currently apply to this bond? Discounted price Premium price
A bond has a market price that exceeds its face value. Which of the following features currently apply to this bond?
| Discounted price | ||
| Premium price | ||
| Par price | ||
| Yield-to-maturity that is less than the coupon rate |
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Personal Finance Turning Money Into Wealth
Authors: Arthur J. Keown
6th Edition
0132719169, 978-0132719162
