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A premium bond has a: I. market price equal to the face value. 1I. market price that exceeds the face value. II. yield to maturity

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A premium bond has a: I. market price equal to the face value. 1I. market price that exceeds the face value. II. yield to maturity that exceeds the coupon rate. IV. yield to maturity that is less than the coupon rate. I only I and IIl only l and IIl only I and IV only 1I and IV only

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