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A bond with a 5 year maturity and a coupon rate of 6% and a face value of $1000 is priced at $925. Let the
A bond with a 5 year maturity and a coupon rate of 6% and a face value of $1000 is priced at $925. Let the yield to maturity be denoted by y. Which of the following statements is true? Oy times the face value equals the coupon rate y > 6.00% y
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