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Which of the following statements is correct for a 10% coupon bond that has a current yield of 7%? ___ The face value of the

Which of the following statements is correct for a 10% coupon bond that has a current yield of 7%?

___ The face value of the bond has decreased.

___ The bond's maturity value exceeds the bond's price.

___ The bond's internal rate of return is 7%.

___ The bond's maturity value is lower than the bond's price.

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