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    Essentials of Corporate Finance Study Set 4
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    Exam 6: Interest Rates and Bond Valuation
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    When a Bond's Yield to Maturity Is Less Than the Bond's
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When a Bond's Yield to Maturity Is Less Than the Bond's

Question 14

Question 14

Multiple Choice

When a bond's yield to maturity is less than the bond's coupon rate, the bond:


A) had to be recently issued.
B) is selling at a premium.
C) has reached its maturity date.
D) is priced at par.
E) is selling at a discount.

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