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All else constant, a coupon bond that is selling at a discount must have A. a coupon rate that is equal to the bond yield
All else constant, a coupon bond that is selling at a discount must have
A. | a coupon rate that is equal to the bond yield | |
B. | a bond yield that is less than the coupon rate | |
C. | a market price that is higher than face value | |
D. | semi-annual coupon payments | |
E. | a coupon rate that is less than the bond yield |
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