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96. A 15-year bond with a face value of $1,000 currently sells for $1,100. Which of the following statements is CORRECT? a. The bond's coupon

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96. A 15-year bond with a face value of $1,000 currently sells for $1,100. Which of the following statements is CORRECT? a. The bond's coupon rate must exceed its current yield. b. The bond's current yield must equal to its yield to maturity. c. The bond's yield to maturity or discount rate is less than its coupon rate. d. The bond's current yield must equal to its coupon rate. e. If the yield to maturity stays constant until the bond matures, the bond's price will remain at $850

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