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56) A corporate bond has a coupon rate of 9%, a face value of $1,000, and matures in 15 years. Which of the following statements
56) A corporate bond has a coupon rate of 9%, a face value of $1,000, and matures in 15 years. Which of the following statements is most correct? a. An investor with a required return of 10% will value the bond at more than $1,000. b. An investor who buys the bond for $900 will have a yield to maturity on the bond greater than 9%. c. An investor who buys the bond for $900 and holds the bond until maturity will have a capital loss. d. If the bond
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