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discount bonds? Explain your answer. What is the price of the bonds? a . If the bonds are trading with a yield to maturity of
discount bonds? Explain your answer. What is the price of the bonds?
a If the bonds are trading with a yield to maturity of then Select the best choice below.
A there is not enough information to judge the value of the bonds.
B the bonds should be selling at par because the bond's coupon rate is equal to the yield to maturity of similar bonds.
: the bonds should be selling at a discount because the bond's coupon rate is less than the yield to maturity of similar bonds.
D the bonds should be selling at a premium because the bond's coupon rate is greater than the yield to maturity of similar bonds.
b The price of the bonds is $ Round to the nearest cent.
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