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A 15-year bond with a face value of $1000 currently sells for $850. which of the following statements is correct? a) the current market rate
A 15-year bond with a face value of $1000 currently sells for $850. which of the following statements is correct? a) the current market rate is greater than thr bonds coupon rate b) the bonds coupon rate is greater than the current market rate c) the bonds coupon rate is equal to the current market rate
a) the current market rate is greater than thr bonds coupon rate
b) the bonds coupon rate is greater than the current market rate
c) the bonds coupon rate is equal to the current market rate
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