Question: A $ 1 , 0 0 0 face value bond with one year to maturity that sells for $ 9 5 0 and has a

A $1,000 face value bond with one year to maturity that sells for $950 and has a $40 annual coupon has a
Question 9 options:
current yield and yield to maturity of 4.00%.
yield to maturity that equals the current yield.
coupon rate of 4.00% and a current yield that is below this.
current yield of 4.21%.

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