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A bond with a face value of $1,000 matures in 9 years and has a 7% semiannual coupon. The bond currently is traded at $900.

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A bond with a face value of $1,000 matures in 9 years and has a 7% semiannual coupon. The bond currently is traded at $900. Which of the following statements is CORRECT? Select one: O a. The nominal yield to maturity is 9.59% and you would buy each bond for $900 if you think that a "air" market interest rate (discount rato) for such bonds is 8.67% b. The nominal yield to maturity is 8.62% and you would buy each bond for 3900 if you think that a "fair" market interest rate (discount rate) for such bonds is 10.67% Oc. The nominal yield to maturity is 8.28% and you would buy each bond for $900 if you think that a "fair" market interest rate (discount rate) for such bonds is 9.59% d. The nominal yield to maturity is 4.80% and you would buy each bond for $900 if you think that a fair market interest rate (discount rate) for such bonds is 6.67% Oo. The nominal yield to maturity is 8.62% and you would buy each band for $900 if you think that a "fair" market interest rate (discount rate) for such bonds is 5.59%

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