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1. An investment in a coupon bond will provide the investor with a return equal to the bond's yield to maturity at the time of
1. An investment in a coupon bond will provide the investor with a return equal to the bond's yield to maturity at the time of purchase if
i. The bond is not called for redemption at a price that exceeds its par value.
ii.The market interest rate maintains at the same level throughout the bond life.
iii. The reinvestment rate is the same as the bond's yield to maturity and the bond is held until maturity.
iv. All of the above.
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