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A bond with $100 in annual interest payments and $1,000 face value with five years...

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Finance

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A bond with $100 in annual interest payments and $1,000 face value with five years to maturity would generally sell for if interest rates were below 7% and would generally sell for if interest rates were greater than 13%. a premium; a discount a discount; a premium par value: a premium a premium, par value a discount, a discount

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