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A bond will sell at a premium ( above par value ) if the market value of the bond is greater than the discount rate

A bond will sell at a premium

(

above par value

)

the market value of the bond is greater than the discount rate of the bond.

investor's current required rate of return is below the coupon rate of the bond.

current market interest rates are moving in the same direction as bond values.

the economy is in a recession.

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