Question: True or False? -- A bond has a face value of $1,000, a coupon rate of 3.5%, and a maturity of 15 years. If the

True or False? -- A bond has a face value of $1,000, a coupon rate of 3.5%, and a maturity of 15 years. If the bond price is $750, the yield to maturity is greater than 7%.

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