Question: Quality Construction Products Inc. issued $ 1 , 0 0 0 face value 2 0 minus year bonds five years ago. These bonds are currently

Quality Construction Products Inc. issued $1,000 face value
20minusyear
bonds five years ago. These bonds are currently selling for $1,218.47. From this information we can conclude that the Quality Construction Products Inc.bonds have a
yieldminustominusmaturity
greater than the coupon rate on these bonds.
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Part 1
True
False

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