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Match the following types of bonds to their value relative to the face value. higher value than face value [Choose ] exactly face value
Match the following types of bonds to their value relative to the face value. higher value than face value [Choose ] exactly face value par bond James Bond discount bond Treasury bond mature bond lower value than face value premium bond municipal bond Which type of bond (i.e., premium bond, par bond, or discount bond) has the highest yield to maturity? A premium bond has the highest yield to maturity. A discount bond has the highest yield to maturity. A par bond has the highest yield to maturity. All types of bonds have equal yields to maturity. That depends on other information of the bond, such as its time to maturity or face value.
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