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kolitchko kolitchko
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5 years ago
Suppose a coupon bond with a par value of $1,000 is currently priced at $950 and has a coupon of $40. Which of the following is TRUE?
A) current yield > coupon rate
B) current yield < coupon rate
C) Coupon rate has risen.
D) Coupon rate has declined.
Textbook 
Money, Banking, and the Financial System

Money, Banking, and the Financial System


Edition: 3rd
Authors:
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pepebillypepebilly
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5 years ago
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kolitchko Author
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5 years ago
this is exactly what I needed
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Yesterday
Helped a lot
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2 hours ago
Good timing, thanks!
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