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What happens when a bond's expected cash flows are discounted at a rate (YTM) lower than the bond's coupon rate? Select one: a. The face

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What happens when a bond's expected cash flows are discounted at a rate (YTM) lower than the bond's coupon rate? Select one: a. The face value of the bond decreases b. The coupon rate of the bond increases c. The price of the bond increases. d. The coupon payments will be adjusted to the new discount rate

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