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11. If a 2-year bullet maturity bond with a fixed rate 3% coupon (semi-annual pay) that is trading at a 101.00 premium price - what

11. If a 2-year bullet maturity bond with a fixed rate 3% coupon (semi-annual pay) that is trading at a 101.00 premium price - what would you reasonably expect the yield-to-maturity to be: a. = 3% b. < 3% c. > 3% d. 0%

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