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At the time a bond is issued, the coupon interest rate is generally set at a level that will cause the market price and the

At the time a bond is issued, the coupon interest rate is generally set at a level that will cause the market price and the _____ to be approximately _____.

a.

call price; equal

b.

par value; equal

c.

premium adjustment; one

d.

sinking fund value; one

e.

future value; the discount value

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