Question: Under what situation the bond value today will ALWAYS equal to the par value? A. Coupon interest rate = discount rate. B. Coupon interest rate
Under what situation the bond value today will ALWAYS equal to the par value?
A. Coupon interest rate = discount rate.
B. Coupon interest rate > discount rate.
C. Coupon interest rate < discount rate.
D. Coupon interest rate larger or equal to discount rate.
E. Coupon interest rate smaller or equal to discount rate.
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