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An investor is considering buying one of two 1 0 - year, $ 1 , 0 0 0 face value bonds: Craig Corp. bond is

An investor is considering buying one of two 10-year, $1,000 face value bonds: Craig Corp. bond is a 7% annual coupon Niven Inc. bond has a 9% annual coupon. Both bonds are selling at a price that produces a yield to maturity (YTM) of 8%. Select the FOUR statements that are CORRECT? A. An investor would earn the same return on investments in both bonds if held to maturity. B. Niven Inc. bond is currently selling at a discount. C. Craig Corp. bond is currently selling for less than $1,000. D. The two bonds must have identical current market prices because they both have a YTM of 8%. E. Craig Corp. bond is currently selling at a premium. F. Niven Inc. bond is selling at a higher price than Craig Corp. bond G. Niven Inc. bond is currently selling for less than $1,000.
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