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A corporate bond has a 8% annual coupon and a 7% yield to maturity. Which of the following statements is CORRECT? The bond sells at

A corporate bond has a 8% annual coupon and a 7% yield to maturity. Which of the following statements is CORRECT?

The bond sells at a price equal to par.

The bond pays semiannually.

The bond sells at a discount.

The bond sells at a premium.

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