Question: 6 - 6 : A 1 0 - year bond that has a 1 2 percent coupon rate is currently selling for $ 1 ,

6-6: A 10-year bond that has a 12 percent coupon rate is currently selling for $1,000, which equals the bond's face value The bond's yield to maturity is:
Greater than 12%
Less than 12%
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6 - 6 : A 1 0 - year bond that has a 1 2 percent

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