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Business, 24.02.2020 19:09 shadow6728g

When will a bond's value and par (or face) value be the same? a. If the coupon rate is equal to the required rate of return. b. The bond's value and par value are always the same. c. If the coupon rate is higher than the required rate of return. d. If the coupon rate is less than the required rate of return.

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When will a bond's value and par (or face) value be the same? a. If the coupon rate is equal to the...
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