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Multiple choice question The yield to maturity is ________ than the ________ rate when the bond price is ________ its face value. 1. greater; coupon;
Multiple choice question
The yield to maturity is ________ than the ________ rate when the bond price is ________ its face value.
1. greater; coupon; above
2. greater; perpetuity; above
3. less; coupon; above
4. less; perpetuity; below
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