Question: When a bond is trading at par, what can be said about its coupon rate in relation to the market discount rate? There is no
When a bond is trading at par, what can be said about its coupon rate in relation to the market discount rate?
There is no relationship between the coupon rate and market discount rate at par.
The coupon rate is equal to the market discount rate.
The coupon rate is higher than the market discount rate.
The coupon rate is lower than the market discount rate.
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