Question: A 1 5 - year bond with a face value of $ 1 , 0 0 0 currently sells for $ 8 5 0 .

A 15-year bond with a face value of $1,000 currently sells for $850. Which of the following statements is most correct?
If the yield to maturity remains unchanged, the bond's price will remain at $850.
The bond's yield to maturity is lower than its coupon rate.
None of these statements are correct.
The bond's current yield exceeds its yield to matruity.
The bond's coupon rate is below its currency yield.
A 15-year bond with a face value of $1,000 currently sells

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