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When the market interest rate is 7% and the coupon rate is 10%, a bond sells at A. a discount. B. a premium. C. par.
When the market interest rate is 7% and the coupon rate is 10%, a bond sells at
A.
a discount.
B.
a premium.
C.
par.
D.
liquidation value.
E.
Cannot be determined without more information
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