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ABC corporation bonds have 10 years remaining to maturity. interest is paid annually the par value is $1,000 and the original coupon rate is 5%.

ABC corporation bonds have 10 years remaining to maturity. interest is paid annually the par value is $1,000 and the original coupon rate is 5%. The current yield to maturity is 4%
A) calculate the current market price of the bond

B) calculate the current yield

C) when does the coupon rate of a bond equal the YTM?

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