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if the price of a bond is 1,052.05 when the face value is 1000, how...

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Accounting

if the price of a bond is 1,052.05 when the face value is 1000, how does the yield to maturity compare to the coupon rate?

A. cannot be determined

B. Lower

C. The same

D. Higher

Answer & Explanation Solved by verified expert
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