Question: What relationship between the required return and the coupon interest rate will cause a bond to sell at a discount? At a premium? At its

What relationship between the required return and the coupon interest rate will cause a bond to sell at a discount? At a premium? At its par value? Describe the events that occur in an efficient market in response to new information that causes the expected return to exceed the required return. What happens to the market value?Provide a minimum 300-word response and 2 sources

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