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If the current price of a bond with a par value of $1,000 is $1,100, which one of these statements is false regarding this bond?
If the current price of a bond with a par value of $1,000 is $1,100, which one of these statements is false regarding this bond?
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The current yield exceeds the coupon rate.
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The yield to maturity is less than the coupon rate.
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The bond is selling at a premium.
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The current yield exceeds the yield to maturity.
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