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Suppose that IBM bonds have a face value of $1,000 and are currently trading in the marketplace today for $1250.14. These bonds are trading at
Suppose that IBM bonds have a face value of $1,000 and are currently trading in the marketplace today for $1250.14. These bonds are trading at a ______ relative to the _______.
| a. | Premium, Market Price | |
| b. | Premium, Par Value | |
| c. | Discount, Market Price | |
| d. | Discount, Par Value |
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