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All else constant, a coupon bond that is selling at a discount, must have: A market price that is less than par value and a
All else constant, a coupon bond that is selling at a discount, must have:
A market price that is less than par value and a coupon rate that is less than the yield to maturity
A yield to maturity that is less than the coupon rate
A coupon rate that is equal to the yield to maturity
Acoupon rate that is less than the yield to maturity and a price is higher than par value
Semi Annual intrest payments
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