Question: A 1 5 - year bond with an 8 % annual coupon has a yield to maturity of 9 % . Which of the following

A 15- year bond with an 8% annual coupon has a yield to maturity of 9%. Which of the following statements is correct?
If the yield to maturity remains constant, the bond's price one year from now will be lower than its current price.
The bond's price at maturity will be below par.
The bond's current yield is greater than 8%.
The bond is selling at par.
The bond is selling at a premium.
A 15- year bond with an 8% annual coupon has a

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