Question: A security has an expected return less than its required return. This security is: A) selling at a premium to par. B) selling at a

 A security has an expected return less than its required return. This security is: 


A) selling at a premium to par. 


B) selling at a discount to par. 


C) selling for more than its present value. 


D) selling for less than its present value. 


E) a zero-coupon bond.

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