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Coffee, Inc. issued a corporate bond with a face value of $1,000. The coupon rate is 11% and the yield to maturity is 9.5%. The
Coffee, Inc. issued a corporate bond with a face value of $1,000. The coupon rate is 11% and the yield to maturity is 9.5%. The price of the bond should be: Greater than $1,000. O Less than $1,000. O Not enough information O Equal to $1,000
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