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7.4 A bond is currently traded at 900$ and has a face value of 1000$. If yield to maturity is 10% and bond has 9

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7.4 A bond is currently traded at 900$ and has a face value of 1000$. If yield to maturity is 10% and bond has 9 years to maturity, what is the coupon rate on this bond? 82.64$ B 8.264% 134.545 13.45496 1 Point Question 21 7.5 Which one is Wrong? If coupon rate is greater than yield to maturity, bond is traded at premium B If coupon rate is less than yield to maturity, bond is traded at discount. If coupon rate is equal to yield to maturity, bond is traded at par. If coupon rate is greater than yield to maturity, bond is traded at a price less than its face value. Save and Close

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