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A 10-year bond has a coupon rate of 4%. Which of the folllowing is most likely the price of the bond? $1000 $1100 $990 Not
A 10-year bond has a coupon rate of 4%. Which of the folllowing is most likely the price of the bond?
| $1000 | ||
| $1100 | ||
| $990 | ||
| Not enough information to determine. |
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