If a bond's coupon rate is equal to the market rate, then the bond will sell
A) at a price equal to its face value.
B) at a price greater than its face value.
C) at a price less than its face value.
D) None of the above are true.
Answer: A
If a bond's coupon rate is equal to the market rate, then the bond will sell
A) at a price equal to its face value.
B) at a price greater than its face value.
C) at a price less than its face value.
D) None of the above are true.
Answer: A
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