Question: The current yield is a good approximation to the yield to maturity when: ( Check all that apply. ) A . the coupon rate of

The current yield is a good approximation to the yield to maturity when:
(Check all that apply.)
A. the coupon rate of the bond is higher than its yield to maturity.
B. the bond is a short-term bond.
C. the bond price is very close to par.
D. the maturity of the bond occurs over a ten-year period.
E. the current bond price is below its face value.
 The current yield is a good approximation to the yield to

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