A fixed coupon bond with par value of $1,000 has a coupon of 7%, semiannually payable. The

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A fixed coupon bond with par value of $1,000 has a coupon of 7%, semiannually payable. The current annual nominal market interest rate (i.e., yield to maturity) for this bond is 6%. Therefore the bond is selling ........... and the bond's current yield is ...........

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A fixed coupon bond with par value of $1,000 has a coupon of 7%, semiannually payable. The

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