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If a 10-year maturity bond has a face value of $1000, a coupon rate of 4%, and trades at a price of $1010, its yield
If a 10-year maturity bond has a face value of $1000, a coupon rate of 4%, and trades at a price of $1010, its yield to maturity is:
A 4%
B. higher than 4%
C. between 0% and 4%
D. lower than 0%
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Recent Advances And Applications In Alternative Investments
Authors: Constantin Zopounidis, Dimitris Kenourgios ,George Dotsis
1st Edition
