A bond with a face value of $1,000 that sells for less than $1,000 in the market is called a:

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A bond with a face value of $1,000 that sells for less than $1,000 in the market is called a:

  1. A) Par bond.
  2. B) Discount bond.
  3. C) Premium bond.
  4. D) Zero coupon bond.
  5. E) Floating rate bond.

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