Question: A discount bond has a coupon rate that Multiple Choice is less than the bond's yield to maturity. exceeds its current yield. equals its current

A discount bond has a coupon rate that
Multiple Choice
is less than the bond's yield to maturity.
exceeds its current yield.
equals its current yield.
exceeds both its current yield and its yield to maturity.
equals its current yield provided the bond pays interest annually.

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