Consider a 20 year, $1,000 par bond seling for $1,100 Which of the following statements...
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Consider a 20 year, $1,000 par bond seling for $1,100 Which of the following statements must always be true? a. The bond's yeld to maturity is kess than its coupon rate b. The bond's current yeld exceeds is yeld to matunty c. The bond's yeld to maturity is greater than its coupon rate
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Consider a 20 year, $1,000 par bond seling for $1,100 Which of the following statements must always be true? a. The bond's yeld to maturity is kess than its coupon rate b. The bond's current yeld exceeds is yeld to matunty c. The bond's yeld to maturity is greater than its coupon rate 