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A bond has a face value of $1,000 with a coupon rate of 3% paying out annually for 5 years, with the similar bonds having

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A bond has a face value of $1,000 with a coupon rate of 3% paying out annually for 5 years, with the similar bonds having a yield to maturity of 4% C) the bond price is more than $1,000 D) None of the above is true

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