Q7. Suppose a coupon bond with a face value of $10,000 has an annual coupon...
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Q7. Suppose a coupon bond with a face value of $10,000 has an annual coupon of $500. The bond is selling for $11,000. Given that information, what is the most specific thing we can say about the yield to maturity of the bond? A) It is 5% B) It is above 5% C) It is below 5% D) It is 4.5% E) Not enough information to say any of these things
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