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The issue price of a coupon bond equals: the face value of the bond, discounted using the coupon rate. the face value of the bond,

  1. The issue price of a coupon bond equals:

  1. the face value of the bond, discounted using the coupon rate.
  2. the face value of the bond, discounted using the market rate.
  3. the future value of the present cash flows, discounted using the market rate.
  4. the present value of future cash flows, discounted using the market rate.

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