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A corporate bond with a face value of $1,000 is currently selling in the market for $947.54. With only this information, which of the following
A corporate bond with a face value of $1,000 is currently selling in the market for $947.54. With only this information, which of the following do you NOT know about the bond? A. The coupon rate is less than the yield-to-maturity B. The coupon rate is less than the equivalent taxable yield C. The current yield is more than the coupon rate D. The current yield is less than the yield-to-maturity
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