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Microsoft has bonds outstanding that mature in 2027 carrying a coupon rate of 3.30. They are currently yielding 2.99%. Do these bonds trade at a

Microsoft has bonds outstanding that mature in 2027 carrying a coupon rate of 3.30. They are currently yielding 2.99%. Do these bonds trade at a premium, discount, or at par value?

A Premium

B Discount

C Par

D Not enough information

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