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Which one of the following statements regarding bonds is true? A bond selling at premium is valued below its face value. A discount bond has

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Which one of the following statements regarding bonds is true? A bond selling at premium is valued below its face value. A discount bond has a coupon rate that is below the bond's yield to maturity. The current yield is always equal to the bond's coupon rate. The coupon rate is adjusted with the market valuation of the bond

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