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1. If today a 12% coupon bond sells at par. Three years from now, the required rate of return on the same bond is 10%.

1. If today a 12% coupon bond sells at par. Three years from now, the required rate of return on the same bond is 10%. What is the coupon rate on the bond now? What is the yield to maturity on the bond? A. 2% B. 8% C. 10% D. 12% E. 14%

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