A 6% five-year bond was issued at $918.89. The face value and yield to maturity for the
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Question:
A 6% five-year bond was issued at $918.89. The face value and yield to maturity for the bond are
A $918.89 greater than 6%.
B $918.89 less than 6%.
C $1,000.00 greater than 6%.
D $1,000.00 less than 6%.
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