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Remaining Time: 17 minutes, 47 seconds. Question Completion Status: QUESTION 11 A bond pays 6% coupon rate; the current market interest rates are 4%, what

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Remaining Time: 17 minutes, 47 seconds. Question Completion Status: QUESTION 11 A bond pays 6% coupon rate; the current market interest rates are 4%, what do you expect the price of this bond to be? The bond price should be equal to par The bond price should be more than par The bond price should be zero This bond should not be priced at all The bond price should be less than par

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