Question: A 3 0 - year bond with a 3 . 7 0 % coupon rate is listed with a 3 . 7 0 % yield

30 -

year bond with a

3.70 %

coupon rate is listed with a

3.70 %

yield to maturity

(

YTM

) .

Which of the following must be true about this bond?The bond is at parity. The bond is being sold at a discount. The bond is being sold at its face value. The bond is being sold at a premium.

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