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Which of the below statements regarding a bond's coupon rate, is most accurate? The coupon rate on a bond is: Select one: O a. likely
Which of the below statements regarding a bond's coupon rate, is most accurate? The coupon rate on a bond is: Select one: O a. likely to be higher than the market interest rate if the bond is trading at a discount to its face value O b. Uncertain and it fluctuates according to market conditions O c. Fixed and must be paid semi-annually O d. likely to be lower than the market interest rate if the bond is trading at a discount to its face value
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