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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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