Question: Question 9 (1 point) If a 20-year bond with a face value of $1,000 sells for $1,000. Which of the following statements is most CORRECT?
Question 9 (1 point) If a 20-year bond with a face value of $1,000 sells for $1,000. Which of the following statements is most CORRECT? 1) The bond's yield to maturity is less than its coupon interest rate. 2) The bond's yield to maturity is greater than its coupon interest rate. 3) The bond's yield to maturity is the same as its coupon interest rate. 4) The bond's current yield is the same as its capital gains yield
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