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The _________Value of a Bond Is Also Called Its Face

Question 27

Multiple Choice

The _________value of a bond is also called its face value. Bonds which sell at less than face value are priced at __________, while bonds which sell at greater than face value sell at __________.


A) premium; a discount; par
B) par; a discount; a premium
C) coupon; a premium; a discount
D) discount; par; a premium

Correct Answer:

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