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A bond just paid its annual coupon of $75. It has a $1,000 par value, and will mature in 9 years. TRUE or FALSE: If

A bond just paid its annual coupon of $75. It has a $1,000 par value, and will mature in 9 years.

TRUE or FALSE: If the yield to maturity of this bond is 6.2%, the bond will have a market value of more than $1,000.

True

False

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