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. A bond with a face value of $1,000 has annual coupon payments of $80 and was issued 10 years ago. The bond currently sells
. A bond with a face value of $1,000 has annual coupon payments of $80 and was issued 10 years ago. The bond currently sells for $1,000 and has 8 years remaining to maturity. This bond's ______________ must be 8%.
I. yield to maturity
II. after tax cost of debt
III. coupon rate
A) I only
B) I and II only
C) III only
D) I and III only
E) I, II and III
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