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All of the following are true false 6) If a bond has a 20 year maturity a coupon rate of 6%, a yield to maturity
All of the following are true false
6) If a bond has a 20 year maturity a coupon rate of 6%, a yield to maturity of 5% and a par value of $1000 its price > $1100
7) If a zero-coupon bond has a 10 year maturity, a 7% yield to maturity and a par value of $1000, its price <$600
8)The current yield of the bond in #16 <5%
9) If the discount rate is 1% and the par value is $10,000 the price of a 90-day Treasury bill <$9950
10) If a corporate bond is quoted at 91.4 and has a par value of $1000, its price in dollars and cents is $91.40
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