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QUESTION 11 A Sunpac bond is selling at a discount to its face value. The bond has 3 years to maturity and pays an annual

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QUESTION 11 A Sunpac bond is selling at a discount to its face value. The bond has 3 years to maturity and pays an annual coupon. Based on this information, which of the following statements is correct? Oa. Bonds always sell at a discount, hence why they are called discount securities. b.The bond's yield is greater than its coupon percentage CThe bond's yield is less than its coupon percentage. d. Both a. and c e None of the above

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