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Barrier isiand Turtie Excursions (BITE) has a $100 face value bond with a 5.2% coupon rate, paid quarterly. If the bond's current yield to maturity

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Barrier isiand Turtie Excursions (BITE) has a $100 face value bond with a 5.2% coupon rate, paid quarterly. If the bond's current yield to maturity is 4.8%, which of the following statements is true? Answers A-D A The bond price is $100 SHRIYA B You would need to know the maturity to determine the answer. O TUR C The bond price is less than $100 D The bond price is greater than $100

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