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If a bond is selling at a discount, it is: i. selling below its face value ii. has a very low default risk iii. providing
If a bond is selling at a discount, it is:
i. selling below its face value
ii. has a very low default risk
iii. providing a yield to maturity that is greater than its coupon rate
iv. selling above par
Answers:
A. i and ii only
B. i, ii and iii only
C. ii and iii only
D. i, ii and iv only
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