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A bond that pays 4% p.a. coupon with a current market yield of 3.5% p.a. is said to be trading at (a): A par. B

A bond that pays 4% p.a. coupon with a current market yield of 3.5% p.a. is said to be trading at (a):

A par.

B discount.

C premium.

D bargain.

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