Multiple Choice
The yield to maturity on a discount bond is:
A) equal to both the coupon rate and the current yield.
B) equal to the current yield but greater than the coupon rate.
C) greater than both the current yield and the coupon rate.
D) less than the current yield but greater than the coupon rate.
E) less than both the current yield and the coupon rate.
Correct Answer:
Verified
Correct Answer:
Verified
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