Question: A $ 1 , 0 0 0 , 6 percent coupon bond that sells for $ 9 8 0 has a yield to maturity .

A $1,000,6 percent coupon bond that sells for $980 has a yield to maturity ...
Question 2Answer
a.
greater than 6 percent.
b.
cannot be determined.
c.
less than 6 percent.
d.
equal to 6 percent.
Clear my choice

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