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Bonds A, B, and C all have a maturity of 10 years and a yield to maturity of 7%. Bond As price exceeds its par
Bonds A, B, and C all have a maturity of 10 years and a yield to maturity of 7%. Bond As price exceeds its par value, Bond Bs price equals its par value, and Bond Cs price is less than its par value. None of the bonds can be called. Which of the following statements is CORRECT?
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