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xcvg the yeild to maturity on a bond with a market price less than its par value will be a- be less than the coupon

xcvg

the yeild to maturity on a bond with a market price less than its par value will be

a- be less than the coupon rate

b- be more that the coupon rate

c- be more or less than the coupon rate depending on the required return

d- always equal to the coupon rate

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