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Question 1: a,b,c how did my proffesor arrive at this answers?? Ch. 10. Bond Prices and Yields: FINC 3330 In-Class Practice Problems Hyuna Park 1.

Question 1: a,b,c
how did my proffesor arrive at this answers??
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Ch. 10. Bond Prices and Yields: FINC 3330 In-Class Practice Problems Hyuna Park 1. Company M issued a 10 year semi-annual coupon bond 3 years ago. The par value is $1,000, the coupon rate is 14 percent, and the YTM is 16 percent. a. Premium bond or discount bond? Why? The coupon rate (14%)

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