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You are analyzing a 7.8% coupon rate for; 20-year corporate bond. Currently, its yield to maturity is estimated at 8.8%. Choose the CORRECT statement. It

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You are analyzing a 7.8% coupon rate for; 20-year corporate bond. Currently, its yield to maturity is estimated at 8.8%. Choose the CORRECT statement. It is likely that the bond is currently priced at a discount. It is likely that the bond is currently priced above its par value. If its YTM stats constant, one year from now this bond's price will go higher than its today's selling price. If the YTM stays constant, one year from now the bond's price will become lower than its current price

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