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If the market rate of interest is less than the stated rate of interest, then bonds will sell at a premium. at face value at
If the market rate of interest is less than the stated rate of interest, then bonds will sell at a premium. at face value at a discount. at the circus QUESTION 7 4 points Save Answer A bond has the following information. * Face of the bond = $1,000 * Coupon Rate 10% * Market Rate-10% Maturity date 5 years from now; interest is paid annually. What price should the bond be trading (round to the nearest whole number)? $1,000 An amount greater than $1,000 An amount less than $1,000 It cannot be determined from the information provided
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