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a 10 year corporate bond has an annual coupon of 9% the bond is currently selling at par. Which of the following is NOT correct?
a 10 year corporate bond has an annual coupon of 9% the bond is currently selling at par. Which of the following is NOT correct?
1. the bond's capital gains yield is greater than zero
2. the bond's current yield is 9%
3. the bond's current yield exceeds its capital gains yield
4. if the bond's yield to maturity reminds constant the bond's price will remain at par.
5. the bond's yield to maturity is 9%
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