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The following yields and prices were reported in the financial press. Assuming that the reported price and coupon rate are correct, are any of the

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The following yields and prices were reported in the financial press. Assuming that the reported price and coupon rate are correct, are any of the current yield or yield to maturity incorrect? If so, explain why? (No calculations are needed to answer this question.) (6 marks) Bond Price A B D E 100 110 115 94 82 Coupon rate 7.0% 8.0% 8.5% 5.7% 6.6% Current yield 6.0% 7.4% 8.1% 6.2% 6.1% Yield to maturity 7.0% 7.1% 8.7% 6.9% 5.1%

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