Question: 1. A bond that sells for less than $1000 when yields are 10% must have an annual coupon that is less than $50. True or

1. A bond that sells for less than $1000 when yields are 10% must have an annual coupon that is less than $50. True or False

2. A bond that sells for less than $1000 when yields are 10% must have an annual coupon that is greater than $50.

True

False

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