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If a bond's coupon rate is above the yield required by the market, the bond will trade at a premium, because investors will be willing to pay a higher price to achieve the additional yield. As long investors continue to buy the bond, there will be more demand than supply of the bond, thus the yield will decrease until it reaches market equilibrium. Similarly, when a bond's coupon rate is below the market yield, the bond will trade below its par value or at a discount.
Lux is the SI unit of -
Pycnometer is an instrument used to measure the –
Who laid the foundations of Quantum Theory?
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A sphere of radius 1m encloses a charge of 10μC. Another charge of −5μC is placed inside the sphere. The net electric flux would be :
Which of the following is a reason for excessive current in electrical circuits?
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0°K is equivalent to
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