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hen coupon rate is higher than market rate, holding everything else constant, a) is impossible for a firm to sell the bond; b) is likely
hen coupon rate is higher than market rate, holding everything else constant,
a) | is impossible for a firm to sell the bond; |
b) | is likely for a firm to sell the bond for a discount; |
c) | is likely for a firm to sell the bond for a premium; |
d) | is likely for a firm to sell the bond at par; |
e) | is likely this bond is not attractive to anyone; |
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