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A bond has a coupon rate of 5% and a yield to maturity of 6%. Which of the following statements is false? a. The bond
A bond has a coupon rate of 5% and a yield to maturity of 6%. Which of the following statements is false? a. The bond value will increase over time. b. The bond's capital gains yield will increase over time. c. The bond is a discount bond. d. The bond's current yield will increase over time to approach the coupon rate. e. All of the above statements are true
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