Browser Time Left:1:22:43 Harjot Singh: Attempt 1 Previous Page Next Page Page 24 of 34 Question 24 (1 point) Which statement about a bond that has a par value of $1,000, trades in the market for $900, and has a current yield of 9% is correct? a) The bond pays interest income of $100 on an annual basis. Ob) The bond pays a coupon that is higher than the current yield. c) The bond pays a coupon of 9%. d) The discount rate has increased since this bond was issued. Previous Page Next Page Page 24 of 34 PIC.COLLAGE Gubitus