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Suppose the annual yield to maturity of a long-term US Treasury bond is 3.7%. The bond is selling for 112% of its face value. The
Suppose the annual yield to maturity of a long-term US Treasury bond is 3.7%. The bond is selling for 112% of its face value. The coupon rate of this bond is likely to be: 3.5% per year. 3.9% per year. 4.1% per year. Explain your choice
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