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If a 10 year bond has a $10 coupon and the market price = $975 then the yield to maturity is greater than 1%. True

If a 10 year bond has a $10 coupon and the market price = $975 then the yield to maturity is greater than 1%.

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According to the rating agency, Standard and Poor's, a AAA rated corporate bond never defaults while a A rated bond may.

True

False

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