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A Treasury bond that had an original maturity of 30 years was issued in November 1995. The coupon is 9% and the yield 5.2%. The

  1. A Treasury bond that had an original maturity of 30 years was issued in November 1995. The coupon is 9% and the yield 5.2%. The bond matures in November 2025. Which of the following is true about this bond?

  1. It will trade at a discount
  2. It will trade at a premium
  3. It will trade at par
  4. None of the above are true.

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