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A bond with a face value of $1,000 has annual coupon payments of $100 and was issued 7 years ago. The bond currently sells for

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A bond with a face value of $1,000 has annual coupon payments of $100 and was issued 7 years ago. The bond currently sells for a premium and has 8 years left to maturity. This bond's must be less than 10%. I. Yield to Maturity II Current Yield III Coupon Rate I only II only III only II and III only I and II only If a bond selling at par value, which of the following would be the same as its coupon rate: Curran Yield Yield to Maturity Market Interest Rate Both b & c All of the above Which of the following best represents the capital gains yield on a stock held for one year? (P_1 - P_0)/P_1 (P_1 - P_0)/P_0 D_1/P_0 + (P_1 - P_0)/P_1 D_1/P_0 + (P_1 - P_0)/P_0 D_1/P_1 The return on a share of stock consists of two principal yields: the capital gains yield and the capital appreciation yield the dividend yield and the capital gains yield the capital gains yield and the earnings per share all of the above The differences between stocks and bonds include which of the following? future cash flows from stocks are not guaranteed. bonds have a fixed maturity and a guaranteed repayment of principal. the timing and amount of cash flows from a bond are fixed all of the above none of the above

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