Question: Question 56 1 pts A 7-year bond with a 9% annual coupon rate has a yield (rd) of 8%. Which of the following statements is

Question 56 1 pts A 7-year bond with a 9% annual

Question 56 1 pts A 7-year bond with a 9% annual coupon rate has a yield (rd) of 8%. Which of the following statements is true? The bond's current yield is greater than 9%. If the yield to maturity remains constant, the bond's price one year from now will be lower than its current price. The bond is selling at a discount. The bond is selling below its par value. If the yield to maturity remains constant, the bond's price one year from now will be higher than its current price

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