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Suppose that a Government of Canada Coupon Bond (face value = $1000) currently has a price of $1026.65 and a yield of 2.82 percent. Can
Suppose that a Government of Canada Coupon Bond (face value = $1000) currently has a price of $1026.65 and a yield of 2.82 percent. Can you determine if the coupon rate on this year bond is more or less than two percent? Explain precisely.
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