princessammarah1520 princessammarah1520

28-11-2022
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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 maturity value is lower than the bond's price.

(d). The bond's internal rate of return is 7%.

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