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You decide to buy a Singapore government bond of 10 years maturity and coupon of 2%. If the 10 years market rate is 1.3%, you
You decide to buy a Singapore government bond of 10 years maturity and coupon of 2%. If the 10 years market rate is 1.3%, you will buy that bond?
1) At a premium
2)At par
3)At a discount
4)It depends on the day
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