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A bond will sell at a discount ( below par value) if The economy is booming Current market interest rates are moving in the same direction as bond

A bond will sell at a discount ( below par value) ifThe economy is boomingCurrent market interest rates are moving in the same direction as bond valuesThe market value of the bond is less than the present value of the discount rate of the bondInvestors current required rate of return is above the coupon rate of the bond

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