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The coupon rate is: the rate that equates the price of the bond with the discounted cash flows. the expected rate to be earned if
The coupon rate is:
| the rate that equates the price of the bond with the discounted cash flows. |
| the expected rate to be earned if held to maturity. |
| the rate that is used to determine the market price of the bond. |
| smaller than the current yield for bonds priced at par. |
| All of the above. |
| none of the above |
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