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If bonds coupon rate is 7 percent and its yield to maturity is 9 percent which of the following is true? A.the bond is priced

If bonds coupon rate is 7 percent and its yield to maturity is 9 percent which of the following is true?

A.the bond is priced at premium B. The bond's annual coupon payment has dropped C. The price of the bond has increased D.The bond is priced at a discount E. Interest rates have declined since the bond was issued.

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