Question: A 1 5 - year bond with a face value of $ 1 , 0 0 0 currently sells for $ 1 , 0 5
A year bond with a face value of $ currently sells for $ Which of the following statements is CORRECT?
Group of answer choices
The bonds current yield is less than its coupon rate.
The bonds current yield is less than 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 $
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