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A 6 percent coupon bond with 15 years to maturity should currently be selling at a price when the market interest rate is 2%. choice

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A 6 percent coupon bond with 15 years to maturity should currently be selling at a price when the market interest rate is 2%. choice 2 and choice 3 only choice 2: higher than bonds with 3 years to maturity and all other features being the same choice 1: lower than bonds with 3 years to maturity and all other features being the same choice 3: higher than 1000 A zero-coupon bond is currently selling for $950 and has five years remaining to maturity. What rate of return can investors expect to earn on this bond? Round your answers to two decimal places. 3.3% 5.3% 0.01% 1.03%

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