3.1.163.51 b.1.270.68 c.1.118.31 d.1,146.27 e. 1,081.75 7. A 15-year bond with a face value of $1,000 currently sells for $1.00. Which of the following statements is CORRECT? a. The bond's coupon rate exceeds its current yield. b. The bond's yield to maturity or discount rate is less than its comporte c. The bond's yield to maturity or discount rate is more than its coupon rate d. The bond's current yield is equal to its coupon rate. e. If the yield to maturity stays constant until the bond matures, the bond's price will remain at $1,100. This is the information for the problems 8, 9, 10, and 11. Davis Toe's bonds currently sell for 5800 and have a par value of $1,000. They pay a S60 annual coupon and have a 20-year maturity, but they can be called in 5 years at $1,200. 8. What is their yield to maturity (YTM)? a. 5.78% b. 7.64% c. 6.39% d. 8.04% e. 8.00% 9. What is their Expected Current Yield (CY)? a. 5.78% b. 6.09% c. 6.39% d. 7.50% e. 7.00% 10. What is their Capital Gain Yield (CGY)? a. 0.54% b. 6.09% c. 0.42% d. 0.65% e. 0.60% 11. What is their yield to Call (YTC)? a. 5.78% 93%