A bond with an annual coupon of 70 and originally sold at, Financial Management

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A bond with an annual coupon of 70 and originally sold at

A bond with an annual coupon of $70 and originally sold at par for $1,000. The current market interest rate (yield to maturity) is 8%. This bond will sell at _______. Assuming no change in market interest rates, the bond will present the holder with capital ________ as it matures. . A. premium; gains B. discount; gains C. premium; losses D. discount; losses

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