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Your broker offers you the opportunity to purchase a bond with a coupon rate of 7% per year and a face value of $1,000. If

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Your broker offers you the opportunity to purchase a bond with a coupon rate of 7% per year and a face value of $1,000. If the yield to maturity on similar bonds is 6%, this bond should: Sell for the same price as a similar bond, regardless of their respective maturities. Sell at a premium. Sell for either a premium or a discount; it's impossible to tell which. Sell for par value

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