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Which of the following statements about premium and discount bonds with the same par value, coupon rate, and year to maturity is correct? a. The
Which of the following statements about premium and discount bonds with the same par value, coupon rate, and year to maturity is correct?
a. The premium bond has a higher capital gains yield
b. The discount bond's market price will decrease over time
c. The premium bond has a higher current yield
d. The discount bond is riskier than the premium bond
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