A 10-year corporate bond has an annual coupon of 9%. The bond is currently selling at par ($1,000). Which of the following statements is NOT CORRECT?

Group of answer choices

The bonds yield to maturity is 9%.

The bonds current yield is 9%.

If the bonds yield to maturity remains constant, the bond will continue to sell at par.

The bonds current yield exceeds its capital gains yield.

The bonds expected capital gains yield is positive.

If a stocks dividend is expected to grow at a constant rate of 6% a year, which of the following statements is CORRECT? The stock is in equilibrium.

Group of answer choices

The stocks dividend yield is 6%.

The price of the stock is expected to decline in the future.

The stocks required return must be equal to or less than 6%.

The stocks price one year from now is expected to be 6% above the current price.

The expected return on the stock is 6% a year.