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Which of the following statement is/are INCORRECT? 1) Bond sells above par value when yield to maturity is lower than its coupon rate. 2) An

Which of the following statement is/are INCORRECT? 1) Bond sells above par value when yield to maturity is lower than its coupon rate. 2) An inverted yield curve suggests a recession is imminent. 3) A discount bond's price will decline over time if the required return remains unchanged. 4) All of the statements above are incorrect. 5) Statements b and c are incorrect

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