Question: The yield to maturity on a 1 0 - year coupon bond, with face value = $ 1 , 0 0 0 and annual coupon

The yield to maturity on a 10-year coupon bond, with face value = $1,000 and annual coupon rate =3.25%, is 2.42%. This implies:
I. the price of this bond is $1,000.
II. the price of this bond is greater than $1,000.
III. the price of this bond is less than $1,000.
IV. the buyer of the bond will receive $24.2 payment from the bond issuer every year before maturity while holding the bond.
V. the buyer of the bond will receive $32.5 payment from the bond issuer every year before maturity while holding the bond.
II and IV.
II and V.
III and V.
I and IV.
III and IV.

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