11. A corporate bond with an 8.625% coupon rate sells above par. Is the current yield higher,...

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11. A corporate bond with an 8.625% coupon rate sells above par. Is the current yield higher, lower, or equal to the coupon rate? Is the current yield higher, lower, or equal to the yield to maturity?

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Financial Markets And Institutions

ISBN: 9780134519265

9th Edition

Authors: Frederic S. Mishkin, Stanley G. Eakins

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