15-year bond with a face value of $1,000 currently sells for $850. Which of the following statements is CORRECT Answer £ The bonds coupon rate exceeds its current yield. £ The bonds current yield exceeds its yield to maturity. £

15-year bond with a face value of $1,000 currently sells for $850. Which of the following statements is CORRECT Answer £ The bonds coupon rate exceeds its current yield. £ The bonds current yield exceeds its yield to maturity. £

15-year bond with a face value of $1,000 currently sells for $850. Which of the following statements is CORRECT Answer£ The bonds coupon rate exceeds its current yield.£ The bonds current yield exceeds its yield to maturity.£ The bonds yield to maturity is greater than its coupon rate.£ The bonds current yield is equal to its coupon rate.£ If the yield to maturity stays constant until the bond matures, the bonds price will remain at $850


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