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General Motors' bond has a 9 % annual coupon, while General Mill' bond has a 7 % annual coupon. Both bonds have the same maturity,
General Motors' bond has a annual coupon, while General Mill' bond has a annual coupon. Both bonds have the same maturity, a face value of $ and an yield to maturity. Which of the following statements is CORRECT?O General Motor's bond trades at a discount, whereas General Mills' bond trades at a premium. If the yield to maturity for both bonds remains at General Motors bond's price one year from now will be higher than it is today, but General Mills bond's price one year from now will e lower than it is today.O If the yield to maturity for both bonds immediately decreases to General Motors' bond will have a larger percentage increase in value.O General Motor's bond current yield is greater than that of General Mills.O The capital gains yield of General Motor's bond is greater than the capital gains yield of General Mills bond.
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