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John owns a bond with a 4% yield to maturity and a 6% coupon. This bond pays interest semiannually and has 5 years to maturity.

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John owns a bond with a 4% yield to maturity and a 6% coupon. This bond pays interest semiannually and has 5 years to maturity. Which one of the following is correct? The present value is assumed to be $1,000. B The current price of the bond will be greater than the par value. The amount of each interest payment is $60. The bond is selling at a discount. You can do it

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