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Your broker offers you the opportunity to purchase a bond with coupon payments of $90 per year and face value of S1000. I the yield
Your broker offers you the opportunity to purchase a bond with coupon payments of $90 per year and face value of S1000. I the yield to maturity on similar bonds is I1% this bond should A) Sell for the same price as the similar bond regardless of their respective maturities. Sell at a premium. C)Sell at a discount T Sell for either a premium or a discount but it's impossible to tell which. E)) Sell for par value. 70
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