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Bonds issued by BB&C Communications that have a coupon rate of interest equal to 10.65 percent currently have a yield to maturity (YTM) equal to

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Bonds issued by BB&C Communications that have a coupon rate of interest equal to 10.65 percent currently have a yield to maturity (YTM) equal to 9.25 percent. Based on this information. BB&C's bonds must currently be selling at ____ in the financial markets. a. par value b. a discount c. a premium d. Not enough information is given to answer this question. e. None of the above is a correct

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