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The Kd is lesser than the coupon rate, the value of the bond is ___ than its face value

The Kd is lesser than the coupon rate, the value of the bond is ___ than its face value

Q. The Kd is lesser than the coupon rate, the value of the bond is ___ than its face value.

A.            Lesser

B.            Stable

C.            Greater

D.            None of the above

Answer: Greater

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