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A bond's market value will be less than its par value if: the bond is convertible to common stock the bond's yield to maturity is
A bond's market value will be less than its par value if:
the bond is convertible to common stock |
the bond's yield to maturity is greater than its coupon rate |
the bond's coupon rate is greater than 0% |
the bond's coupon rate is less than its market value |
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