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Which of the following statements is correct for a 10% coupon bond that has a current yield of 7%? A) The face value of the
Which of the following statements is correct for a 10% coupon bond that has a current yield of 7%?
A) The face value of the bond has decreased.B) The bond's maturity value exceeds the bond's price.C) The bond's internal rate of return is 7%.D) The bond's maturity value is lower than the bond's price.
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