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A corporate bond is currently trading at a price that is above its par value. Which of the following statements is the BEST explanation of

A corporate bond is currently trading at a price that is above its par value. Which of the following statements is the BEST explanation of why this is happening?

A.The yield to maturity (YTM) is equal to investors' average required return on this bond.

B.Interest rates must have increased since the bond was issued.

C.The bond's coupon rate is higher than its yield to maturity (YTM).

D.This bond has become relatively more risky.

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