Bond-Price Sensitivity,”If coupon rate = discount rate, bond will sell for par valueIf coupon rate > discount rate, bond will sell for a premiumIf coupon rate < discount rate bond will sell for a discount”
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Bond-Price Sensitivity,”If coupon rate = discount rate, bond will sell for par valueIf coupon rate > discount rate, bond will sell for a premiumIf coupon rate < discount rate bond will sell for a discount”