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  3. a bond has a face value of $1,000 and 6% coupon ra

A bond has a face value of $1,000 and 6% coupon rate. If the yield...

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A bond has a face value of $1,000 and 6% coupon rate. If the yield to maturity is 7%, what will the price of the bond be? more than $1,000 less than $1,000 O equal to $1,000 O there is not enough information to

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