If a bond is currently trading at its face par value then


If a bond is currently trading at its face (par) value, then it must be the case that:

the bond's yield to maturity is less than its coupon rate.

the bond's yield to maturity is greater than its coupon rate.

the bond is a zero-coupon bond.

the bond's yield to maturity is equal to its coupon rate.

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Financial Management: If a bond is currently trading at its face par value then
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