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Which of the following relationships apply to a bond whose current market price is equal to its par value? I. coupon rate < yield-to-maturity II.
Which of the following relationships apply to a bond whose current market price is equal to its par value?
I. coupon rate < yield-to-maturity
II. current yield = yield-to-maturity
III. market price = call price
IV. market price = face value
Group of answer choices
a. I, II, and III only
b. I and II only
c. I and III only
d. II and IV only
e. II, III, and IV only
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