Coldwar5322 Coldwar5322
  • 18-01-2024
  • Business
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Given a bond with a face value of $1,000, a coupon rate of 12%, and a market interest rate of 12%, what can be inferred about its current standing?
a) The bond is selling at par value
b) The bond is selling at a premium
c) The bond is selling at a discount
d) The bond is experiencing high demand

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