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if a bond is currently selling at a higher price than $1,000 the prevailing market interest rate would be a. equal to coupon rate b.
if a bond is currently selling at a higher price than $1,000 the prevailing market interest rate would be
a. equal to coupon rate
b. none of the choices
c. below the coupon rate
d. higher than the coupon rate
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International Financial Management
Authors: Jeff Madura
7th Edition
0324071744, 978-0324071740
