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

A 15-year bond with a face value of $1,000 currently sells for $1,050. Which of the following statements is CORRECT?
The bonds yield to maturity is lower than its coupon rate.
If the yield to maturity stays constant until the bond matures, the bonds price will remain at $850.
The bonds current yield exceeds its yield to maturity.
The bonds coupon rate exceeds its current yield.
The bonds yield to maturity is greater than its coupon rate.
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