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You just purchased a 6 - year, 8 % coupon bond at the price of $ 9 5 5 . 1 5 . Please select
You just purchased a year, coupon bond at the price of $ Please select a statement that is incorrect from below aCurrent yield of this bond is bPrice of this bond will gradually converge to it face value as it gets closer to its maturity. cThis bond is a premium bond because yield to maturity of the bond is greater than its coupon rate. dYTM of the bond is
You just purchased a year, coupon bond at the price of $
Please select a statement that is incorrect from below
aCurrent yield of this bond is
bPrice of this bond will gradually converge to it face value as it gets closer to its maturity.
cThis bond is a premium bond because yield to maturity of the bond is greater than its coupon rate.
dYTM of the bond is
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