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A bond with a face value of $1,000 trading at a price of $987.29 is called a Select one: A. Discount bond because its coupon
A bond with a face value of $1,000 trading at a price of $987.29 is called a
Select one:
A.
Discount bond because its coupon rate is less than the yield to maturity
B.
Premium bond because its coupon rate is less than the yield to maturity
C.
Premium bond because its coupon rate is greater than the yield to maturity
D.
Discount bond because its coupon rate is greater than the yield to maturity
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