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When the market interest rate is7% and the coupon rate is10%, a bond sells at A. a discount. B. a premium. C. par. D. liquidation

When the market interest rate is7% and the coupon rate is10%, 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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