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Question 20 Given a bond with a coupon rate of 10% semi-annual interest, if the yield to maturity is 15% above the coupon rates, which

Question 20

Given a bond with a coupon rate of 10% semi-annual interest, if the yield to maturity is 15% above the coupon rates, which statement is true about this security?

A. This bond is trading at a Discount
B. This bond is trading at Par.
C. This bond is trading at a Premium
D. None of the above.

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