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A bond pays a coupon of $160. If the yield to maturity is 15%, then the bond will sell at a ___________. If the yield
A bond pays a coupon of $160. If the yield to maturity is 15%, then the bond will sell at a ___________. If the yield to maturity is 18%, then the bond will sell at a __________.
Question 29 options:
| A) discount; discount |
| B) premium; premium |
| C) discount; premium |
| D) premium; discount |
| E) par value; premium |
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