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For 20 year $1000 par value 5% annual coupon bond that is selling at a premium, which of the following is true? A.The YMT of
For 20 year $1000 par value 5% annual coupon bond that is selling at a premium, which of the following is true?
A.The YMT of this bond is below 5%
B.The bond pays $50 in interest every 6 months
C. The price of this bond is equal to its PAR value
D. Because this bond is selling at a premium, it would be worth more than $1000 at maturity
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