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Coupon Rates, Yield Rates, and Bond Issuance Prices The relation between a bond's coupon rate and yield rate is known to influence a bond's issuance
Coupon Rates, Yield Rates, and Bond Issuance Prices
The relation between a bond's coupon rate and yield rate is known to influence a bond's issuance price. Presented below are coupon rates and yield rates for a selection of corporate bonds. Identify whether each bond was sold at a discount, at its par value, or at a premium, and explain why.
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