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All of the following statements are CORRECT except if a par bond's yield to maturity remains constant, the bond's price will remain at par. for

All of the following statements are CORRECT except if a par bond's yield to maturity remains constant, the bond's price will remain at par. for a par bond, the yield to maturity is greater than the coupon rate. for a discount bond, the coupon rate is less than the yield to maturity for a premium bond, the yield to maturity is less than the coupon rate

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Foundations of Finance The Logic and Practice of Financial Management

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