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7. The yield to maturity for a bond selling at discount is:
a) above the coupon rateb) below the coupon ratec) equal to the coupon rated) none of the above are correct
6. Which of the following coupon bond carries the largest amount of interest rate risk?
a. 5 year coupon bondb. 8 year coupon bondc. 10 year coupon bondd. 20 year coupon bond
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