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If the market rate of interest is less than bond's coupon rate, the bond should be: a) b) The bond's market price should be less

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If the market rate of interest is less than bond's coupon rate, the bond should be: a) b) The bond's market price should be less than its face value. purchased beacause it is a good deal The bond's market price should be greater than its face value Should not be purchased because it is a bad investment The bond's market price should be the same as par value Bo brak

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