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v A bond's current yield is 8.25% per year and the bond's yield to maturity is 8.67% per year. Therefore, the bond is trading at
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A bond's current yield is 8.25% per year and the bond's yield to maturity is 8.67% per year. Therefore, the bond is trading at a to its par value. If the bond's yield to maturity does not change, the bond's price will be next year. 1) Premium, lower 2) Discount, the same 3) Discount, lower O4) Discount, higher O5) Premium, higher Step by Step Solution
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The Essential Credit Repair Handbook
Authors: Deborah McNaughton
1st Edition
160163160X, 978-1601631602
