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A 10-year bond pays an annual coupon, its YTM is 8%, and it currently trades at a discount. Which of the following statements is CORRECT?

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A 10-year bond pays an annual coupon, its YTM is 8%, and it currently trades at a discount. Which of the following statements is CORRECT? The bond's current yield is less than 8%. O The bond's coupon rate is more than 8% The bond's coupon rate is equal to 8% The bond's coupon rate is less than 8% The bond's current yield is equal to 8%

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