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A bond has a face value of $1000. It has a 5% coupon, and the yield to maturity is 5%. If the bond matures in
A bond has a face value of $1000. It has a 5% coupon, and the yield to maturity is 5%. If the bond matures in 9 years, we can say which of the following about the bond price? A The bond sells for par value B The bond sells for a discount C Not enough information to answer D) The bond sells for a premium
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