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Why would a bond with a face value of $1000 be sold at a discount? A. The bonds coupon rate was lower than the market
Why would a bond with a face value of $1000 be sold at a discount?
A.
The bonds coupon rate was lower than the market rate of interest
B.
The bond was nearing its maturity and so it was worth less
C.
The bonds coupon rate was higher than the market rate of interest, so to compensate potential buyers for its relatively low coupon rate, it was sold at a discount
D.
The seller was in need of cash quickly and wanted to liquidate his/her assets
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