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A bond has a market price that less than its face value. Which of the following features currently apply to this bond? I. discounted price

A bond has a market price that less than its face value. Which of the following features currently apply to this bond?

I. discounted price

II. premium price

III. yield-to-maturity that exceeds the coupon rate

IV. yield-to-maturity that is less than the coupon rate

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