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Semi-annual payments purchased on valentine

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Reference no: EM132580046

A 10% new-issued coupon bond with semi-annual payments purchased on Valentine's Day of 2019 matures on Valentine's Day of 2027. The Par value is $1,000.00 and is guaranteed at the end of the maturity period. If the bond was first sold for $1000.00, then this bond is classified under which category?

Reference no: EM132580046

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