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A bond has a coupon rate of 6% and a yield to maturity of 5%. Which of the following statements is true? a. The bond

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A bond has a coupon rate of 6% and a yield to maturity of 5%. Which of the following statements is true? 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

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