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>> If coupon rate is more than going rate of interest, then bond will be sold________?
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Q. If coupon rate is more than going rate of interest, then bond will be sold________?
a.
More than its par value
b.
Seasoned par value
c.
At par value
d.
Below its par value
ANSWER: Below its par value
Answer & Explanation
No explanation is available for this question!
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