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Question
Which one of the following statements applies to a par value bond?A. The current yield is less than the coupon rate.
B. The yield-to-maturity equals the risk-free, or Treasury bill, rate.
C. The par value exceeds the market price.
D. The current yield, coupon rate, and yield-to-maturity are equal.
E. The dirty price equals the clean price.
Answer
This answer is hidden. It contains 16 characters.
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