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A debt is said to be selling at par when: Investors' required rate of return from debt is greater than the coupon rate. The market
A debt is said to be selling at par when:
Investors' required rate of return from debt is greater than the coupon rate. | ||
The market rate of return is more than the coupon rate of return. | ||
The borrower pays the interest at the maturity of the debt. | ||
The current market price of the debt is more than the face value of the debt. | ||
The market value is equal to the face value of the debt. |
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