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Question 13 (5 points) A bond just traded at a quoted price of 108.11. The bond has a face value of $1,000. Which of the

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Question 13 (5 points) A bond just traded at a quoted price of 108.11. The bond has a face value of $1,000. Which of the following is TRUE? No investor would ever buy this bond. This is a discount bond. The coupon rate on this bond must be lower than the yield to maturity. The price is $1, 081.10

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