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You purchase a 5% coupon bond with a face value of $1,000 that is currently yielding 3.75% (or said differently, the prevailing interest rate for

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You purchase a 5% coupon bond with a face value of $1,000 that is currently yielding 3.75% (or said differently, the prevailing interest rate for that bond today is 3.75%). Assuming the market is efficient, the price of that bond is greater than $1,000 True False

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