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Business, 18.10.2019 22:30 182075

Acompany releases a five-year bond with a face value of $1000 and coupons paid semiannually. if market interest rates imply a ytm of 10%,which of the following coupon rates will cause the bond to be issued at a premium?
a) 8%
b) 12%
c) 7%
d) 10%

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