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In bonds, if the par value is lower than the market price, then the yield-to-maturity must be lower than the coupon rate. True False
In bonds, if the par value is lower than the market price, then the yield-to-maturity must be lower than the coupon rate. True False
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Intermediate Accounting
Authors: David Spiceland, James Sepe, Mark Nelson, Wayne Thomas
8th edition
978-1259997525, 1259997529, 978-1259548185
