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Cabell Corp. bonds pay an annual coupon rate of 10%. If investors' required rate of return is now 12% on these bonds, they will be

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Cabell Corp. bonds pay an annual coupon rate of 10%. If investors' required rate of return is now 12% on these bonds, they will be priced at O A. a premium to par value. a discount to par value. O C. par value. OD. Cannot be determined without knowing the number of years to maturity

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