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A bond that was issued five years ago has a current price of $900, a coupon rate of 9%, and returns the face value of
A bond that was issued five years ago has a current price of $900, a coupon rate of 9%, and returns the face value of $1,000 at maturity. Based only upon this information which of the following is true?
| The bond's coupon rate is less than the yield to maturity | ||
| The yield to maturity is 12% | ||
| The bond's coupon rate is greater than the yield to maturity. | ||
| The bond's coupon rate is equal than the yield to maturity. |
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The True Value Of Bitcoin Revealed
Authors: Satoshi Nakaloco
1st Edition
