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You own a bond that has a 6 percent annual coupon and matures 5 years from now. You purchased this bond 5 years ago at

You own a bond that has a 6 percent annual coupon and matures 5 years from now. You purchased this bond 5 years ago at a par value of $100 when it was originally issued. Which one of the following statements applies to this bond if the relevant market interest rate is now 5.8 percent? A. The bond is currently valued at one-half of its issue price. B. The current yield is greater than 6 percent. C. The current yield-to-maturity is greater than 6 percent. D. You will realize a positive capital gains yield on the bond if you sell it today.

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