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15. You have two bonds in your portfolio. Both bonds have a 10 year maturity and a YTM of 7%. They both have a $1,000

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15. You have two bonds in your portfolio. Both bonds have a 10 year maturity and a YTM of 7%. They both have a $1,000 face value and both pay interest annually. Bond A is a premium bond with a 10% annual coupon rate. Bond B is a discount bond with a 4% annual coupon rate. Which statement below is correct regarding the current yields for both bonds? The current yield on bond A is 0-1.5% higher than the current yield on bond B. The current yield on bond A is 1.5%-3.0% higher than the current yield on bond B. The current yield on bond A is more than 3% higher than the current yield on bond B. 5 a The current yield on bond B is 0-1.5% higher than the current yield on bond A The current yield on bond B is 1.5% - 3% higher than the current yield on bond A The current yield on bond B is more than 3% higher than the current yield on bond A

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