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Explain in detail, in terms of current yield, capital gain yields and YTM, why: ( a) If YTM = coupon rate, bond price = par
Explain in detail, in terms of current yield, capital gain yields and YTM, why: (
a) If YTM = coupon rate, bond price = par value?
b) If YTM > coupon rate, then bond price < par value?
c) IF YTM < coupon rate, then bond price > par value?
AND also give the name of the bond in each scenario
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