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A bond was purchazed last year when the market interest rate was 12%. The bond has an 8% annual coupon rate and make semi annual

A bond was purchazed last year when the market interest rate was 12%. The bond has an 8% annual coupon rate and make semi annual coupon payments. There is 10 years left to maturity. Bond is selling for $1000. How does YTM Compare to the current yield

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