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When a bond is priced at par, what conditions must exist? a. The bond's current yield must be below the bond's yield to maturity but
When a bond is priced at par, what conditions must exist?
a. The bond's current yield must be below the bond's yield to maturity but below the bond's coupon rate.
b.The bond's current yield must be above both the bond's yield to maturity and coupon rate.
c. The bond's coupon rate must be equal to both the bond's current yield and its yield to maturity.
d. The bond's coupon rate must be above both the bond's yield to maturity and current yield.
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