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If a bond is currently trading at its face (par) value, then it must be the case that the bond's yield to maturity is less

If a bond is currently trading at its face (par) value, then it must be the case that the

  1. bond's yield to maturity is less than its coupon rate.
  2. bond's yield to maturity is equal to its coupon rate.
  3. bond's yield to maturity is greater than its coupon rate.
  4. bond is a zero-coupon bond.

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