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If a bond has a par value of $ 1 0 0 0 and pays a 6 % coupon, the current market value of the
If a bond has a par value of $ and pays a coupon, the current market value of the bond is
if similar bonds are yielding
equal to the par value
less than the par value
more than the par value
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Finance for Executives Managing for Value Creation
Authors: Gabriel Hawawini, Claude Viallet
4th edition
9781133169949, 538751347, 978-0538751346
