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Sharon wants to compute the present value of a five-year semi-annual 9% coupon bond that has a 10% yield to maturity. Which one of the

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Sharon wants to compute the present value of a five-year semi-annual 9% coupon bond that has a 10% yield to maturity. Which one of the following is correct? a) The current price of the bond will be less than the par value. b) The bond is selling at a premium. c) The number of interest payments is five. d) The present value is assumed to be $1,000. e) The amount of each interest payment is $90

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