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Ivan is considering purchasing a 20-year bond that is selling for $1,055. Which of the following is correct if this bond has a 3.75% coupon,

Ivan is considering purchasing a 20-year bond that is selling for $1,055. Which of the following is correct if this bond has a 3.75% coupon, paid semiannually?

a. The YTM < current yield.

b. The current yield > YTM.

c. The coupon rate > current yield.

d. All of the above.

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