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A bond pays a coupon of 5.5% per year and the bond's yield to maturity is 5.24% per year. Therefore, the bond is trading at

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A bond pays a coupon of 5.5% per year and the bond's yield to maturity is 5.24% per year. Therefore, the bond is trading at a to its par value. The price of this bond will be next year. A) Discount, the same B) Discount, higher C) Discount, lower D) Premium, higher E) Premium, lower

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