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You gather the following bond information: A 10-yearbondwith semiannualcoupon paymentissued by Marcus Company has coupon rate of 6% and the issuance price is 102. 1.What

You gather the following bond information: A 10-yearbondwith semiannualcoupon paymentissued by Marcus Company has coupon rate of 6% and the issuance price is 102. 1.What is the YTM of the bond?

Without calculation, if the YTM is 7%, what is the relationship between par value and market price of the bond?

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