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D. Will be the same as the original pri E. Must be lower than the original price since the bond is trading at a premium

D. Will be the same as the original pri E. Must be lower than the original price since the bond is trading at a premium 10 Assume you purchase a bond from Texas Republic and it has 8 years remaining until maturity and that you will not sell it prior to maturity. Further, when you purchased the bond, it was priced at $875.80 The bond has an annual coupon rate of 4%. What is the bond's yield to maturity? 17 CY = TETT SP BP = 875.80

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