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A bond that is selling at par value has a: I. market price equal to the face value. II. market price which exceeds the face

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A bond that is selling at par value has a: I. market price equal to the face value. II. market price which exceeds the face value. III. yield to maturity that exceeds the coupon rate. IV. yield to maturity that equals the coupon rate O I and III only O II and III only O I and IV only O I only O II and IV only

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