Question: For the relation between bond yield and coupon rate, which of the following statements is true? - The current yield on a premium bond is

For the relation between bond yield and coupon rate, which of the following statements is true?

- The current yield on a premium bond is equal to the bond's coupon rate.

- A premium bond has a coupon rate that is greater than the bond's yield to maturity.

- The current yield on a par value bond will exceed the bond's value to maturity.

- A discount bond has a yield that is less than the bond's coupon rate.

- The yield to maturity on a premium bond exceeds the bond's coupon rate.

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