Question: A $ 1 , 0 0 0 par value 1 0 - year bond with a 1 0 % coupon rate recently sold for $

A $1,000 par value 10-year bond with a 10% coupon rate recently sold for $900. The yield to maturity
A. is less than 10%.
A. is mreater than 40 C
C. is 10%K.
D. cannot be determined.
A $ 1 , 0 0 0 par value 1 0 - year bond with a 1

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