Question: For a 2 0 - year $ 1 , 0 0 0 par value 6 % annual coupon bond selling for $ 9 5 0

For a20-year $1,000 par value6% annual coupon bond selling for$950, which of the following isTRUE?
Question content area bottom
Part 1
A.
The YTM of this bond is above6%.
B.
This is a premium bond.
C.
The bond pays$57 in interest every year.
D.
Because this bond is selling at adiscount, it would be worth less than$1,000 at maturity.

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