A four-year bond paying a semi-annual coupon of 6% matures at $1,000. The yield to maturity is

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A four-year bond paying a semi-annual coupon of 6% matures at $1,000. The yield to maturity is 5%. Will the bond trade at a premium or discount to par?

Posted Date: May 15, 2024 04:16 PM

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A four-year bond paying a semi-annual coupon of 6% matures at $1,000. The yield to maturity is

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