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Which of the following statements is most correct as they relate to three types of bonds ( discount bond, premium bond and par value bond

Which of the following statements is most correct as they relate to three types of bonds

(

discount bond, premium bond and par value bond

) ?

Par value of a premium bond is more than $

, 1000

coupon rate on a discount bond is greater than YTM

None of the answers

coupon rate on a par value bond is not related to YTM

coupon rate on a premium bond is smaller than YTM

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