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FINANCE 3360 Which of the following statements is correct for a 10% coupon bond

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June 7th, 2024

Which of the following statements is correct for a 10% coupon bond that has a current yield of 7%?A) The face value of the bond has decreased.B) The bond’s maturity value exceeds the bond’s price.C) The bond’s internal rate of return is 7%.D) The bond’s maturity value is lower than the bond’s price.

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