Question: Stephenson Co . ' s 1 5 - year bond with a face value of $ 1 , 0 0 0 currently sells for $

Stephenson Co.'s 15-year bond with a face value of $1,000 currently sells for $850. Which of the following statements is CORRECT?
a. The bond's yield to maturity is greater than its coupon rate.
b. The bond's current yield exceeds its yield to maturity.
c. The bond's coupon rate exceeds its current yleld.
d. If the yield to maturity stays constant until the bond matures, the bond's price will remain at 5850.
e. The bond's current yeld is equal to its coupon rate.
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Stephenson Co . ' s 1 5 - year bond with a face

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