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QUESTION 7 Which of the following statements is CORRECT? If a bond sells at premium (above par), then its yield to maturity is less than

QUESTION 7 Which of the following statements is CORRECT? If a bond sells at premium (above par), then its yield to maturity is less than its coupon rate If a bond sells at par, then its yield to maturity is more than its coupon rate If a bond sells for less than par, then its yield to maturity is less than its coupon rate. None of the above

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