Question: If a bond sells for more than its face value, the market rate of interest is: A.Higher than the coupon rate B.Dependent on the coupon

If a bond sells for more than its face value, the market rate of interest is:

A.Higher than the coupon rate

B.Dependent on the coupon rate

C.Equal to the coupon rate

D.Lower than the coupon rate

E.Not enough information to answer

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