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0. A bond with a par value of $10,000 is currently quoted at 102. What is the current market price of the bond? Is it trading at a discount or a premium to its par value?
Current market price is $10,020 and the bond is trading at a premium.
Current market price is $9,800 and the bond is trading at a discount.
Current market price is $10,200 and the bond is trading at a premium.
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