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suppose investors require a 5% yield to maturity on all long term (greater than 3 years) bonds issued by tella firm corporation. A 15 year

suppose investors require a 5% yield to maturity on all long term (greater than 3 years) bonds issued by tella firm corporation. A 15 year bond of the company has to par , in order for a 30 year bond of the company to have a price of par, its coupon must exceed 5%, true or fase?

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