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Which of the following is most likely to be correct about a 4% coupon bond...

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Finance

Which of the following is most likely to be correct about a 4% coupon bond with a yield to maturity of 4.5%?

Interest rates must have decreased since the bond was first issued.

It must be trading at a discount to its face value.

Its coupon rate must have decreased since the bond was first issued.

It must be trading at par.

It must be trading at a premium to its face value

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