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A discount bond has a coupon rate that A. exceeds its current yield. B. is less than the bond's yield to maturity. C. exceeds both
A discount bond has a coupon rate that
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A. exceeds its current yield.
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B. is less than the bond's yield to maturity.
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C. exceeds both its current yield and its yield to maturity.
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D. equals its current yield.
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E. equals its current yield provided the bond pays interest annually.
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