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A bond has a market price that exceeds its face value. Which one of these features currently applies to this bond? Yield to maturity less
| A bond has a market price that exceeds its face value. Which one of these features currently applies to this bond? |
| Yield to maturity less than the coupon rate. |
| Discount bond. |
| Yield to maturity equal to the current yield. |
| Currently selling at par. |
| Current yield greater than coupon rate. |
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Development Finance Innovations For Sustainable Growth
Authors: Nicholas Biekpe, Danny Cassimon, Andrew William Mullineux
1st Edition
331954165X, 978-3319541655
