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Which of the following statements is true? When a bonds face rate is...

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Accounting

Which of the following statements is true?

When a bonds face rate is higher than the yield, the bond will sell at a premium.

When a bonds yield is higher than its face rate, the bond will sell at a premium.

None of these answers are correct

When a bonds face rate is higher than its coupon rate, the bond will sell at a premium.

When a bonds effective rate is higher than the yield, the bond will sell at a premium

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