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QUESTION 6 DEF Incorporated has 5 coupon bonds that are set to mature in 8 years that are currently valued at a premium. Which of

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QUESTION 6 DEF Incorporated has 5 coupon bonds that are set to mature in 8 years that are currently valued at a premium. Which of the following is true? Assume a face of 51000 and annual interest a. The current yield is greater than b. The current yield is equal to 5 c. The current yield is less than 5 d. impossible to determine without the price of the bond

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