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    Exam 4: The Meaning of Interest Rates
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    A $10,000 8 Percent Coupon Bond That Sells for $10,000
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A $10,000 8 Percent Coupon Bond That Sells for $10,000

Question 107

Question 107

Multiple Choice

A $10,000 8 percent coupon bond that sells for $10,000 has a yield to maturity of


A) 8 percent.
B) 10 percent.
C) 12 percent.
D) 14 percent.

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