Question: Which statement is correct? A bonds current yield must always be either equal to its yield to maturity or between its yield to maturity and
Which statement is correct?
A bonds current yield must always be either equal to its yield to maturity or between its yield to maturity and its coupon rate
If a bond sells at par then its current yield will be less than its yield to maturity
If a bond sells for less than par then its yield to maturity is less than its coupon rate
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