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John Rahm purchased a bond today for a price that of $1120.55 and pays a 5% annual coupon rate? What is true about the yield

John Rahm purchased a bond today for a price that of $1120.55 and pays a 5% annual coupon rate? What is true about the yield to maturity of the bond?

A. the yield to maturity is less than 5%

B. We need the maturity of the bond to solve this problem

C. The yield to maturity is greater than 5%

D. The yield to maturity will equal 5%

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