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Yesterday, a bond had a clean price of $927.40. Today, the same bond had a clean price of $933.80. Based on this information, you know
Yesterday, a bond had a clean price of $927.40. Today, the same bond had a clean price of $933.80. Based on this information, you know that: a. the bond pays its semiannual interest payment today b. market interest rates declined c. the bond is selling at a premium d. the fixed coupon rate increased
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