How do the coupon rates on outstanding bonds

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Reference no: EM131449054

How do the coupon rates on outstanding bonds compare to those of newly issued bonds at any given point in time?

A. The coupon rate on outstanding bonds is usually higher than those of newly issued bonds.

B. The coupon rate on outstanding bonds is usually lower than those of newly issued bonds.

C. They are usually the same

D. It cannot be determined from the given information.

Reference no: EM131449054

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