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A 10- year, 8% coupon rate, $1000 face value bond is currently trading at $850. Without calculating a specific number, the yield to maturity of

A 10- year, 8% coupon rate, $1000 face value bond is currently trading at $850. Without calculating a specific number, the yield to maturity of this bond must be A less than 896 B. Equal to 8 % C. Greater than 896 D. Unknown

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