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If a $ 1 0 0 , 0 0 0 2 5 year, 4 % Bond was selling at $ 1 0 1 , 2

If a $

100, 00025

year,

4 %

Bond was selling at $

101, 231

we know the interest rate is Lower than

4 %

Exactly

4 %

More than

4 %

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