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A 12-year bond pays an annual coupon, its YTM is 9% and it currently trades at a premium Which of the following statements is CORRECT?
A 12-year bond pays an annual coupon, its YTM is 9% and it currently trades at a premium Which of the following statements is CORRECT? The bond's coupon rate is equal to 0% The bond's current yield is less than 9% The band's coupon rate is more than 0% The band's coupon rate is loss than 9% The bond's current yield is equal to 8%
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