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How would you describe a bond if the yield is less than the coupon rate and the price is not greater than the face value?
How would you describe a bond if the yield is less than the coupon rate and the price is not greater than the face value? Select one: A The bond trading could be trading at a discount or at par. B The bond trading could be trading at a premium or at par. C The bond is trading at a premium. D The bond is trading at a discount.
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