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A bond has a current yield of 9% and a yield to maturity of 10%. Since the yield to maturity is greater than current yield,

A bond has a current yield of 9% and a yield to maturity of 10%. Since the yield to maturity is greater than current yield, then the bond offers the prospect of price appreciation as it approaches its maturity date. Therefore, the bond is selling below par value. True or False?

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