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You have $1000 face value bond with a 6% annual coupon. If the bond's current yield to maturity is 8%, which of the following statements

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You have $1000 face value bond with a 6% annual coupon. If the bond's current yield to maturity is 8%, which of the following statements is true? Currently Selected: C A The bond price is $1000 B The bond price is greater than $1000 C The bond price is less than $1000 D You would need to know the maturity to determine the answer. O O O

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