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When a 20-year bond with 10 years remaining to maturity has a coupon rate higher than the current market yield on similar bonds, the bond
When a 20-year bond with 10 years remaining to maturity has a coupon rate higher than the current market yield on similar bonds, the bond can be expected to sell at
Select one:
A. its par value.
B. a discount from its par value.
C. a premium over its par value.
D. its original issue price.
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