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A 10 year, 8% coupon interest rate, $1000 face value bond is currently trading at $800. The yield to maturity of this bond must be

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A 10 year, 8% coupon interest rate, $1000 face value bond is currently trading at $800. The yield to maturity of this bond must be a. less than 8% O b. equal to 8% O c. greater than 8% d. Not applicable

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