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a corporate bond is currently trading at a higher price that is below its par value. which of the following statements is the best explanation
a corporate bond is currently trading at a higher price that is below its par value. which of the following statements is the best explanation of why this is happening?
A. this bond has become relatively less risky
B. the bonds coupon rate is higher then its yield to maturity
C. Interest rates must have increased since the bond was issued
D. the yield to maturity is equal to investors average required return on this bond
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