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If a $1,000 bond costs $1,000 and pays $50 interest, 1. the current yield is 5 percent 2. the yield to maturity is 5 percent
If a $1,000 bond costs $1,000 and pays $50 interest, 1. the current yield is 5 percent 2. the yield to maturity is 5 percent 3. the bond is selling for par
| 1 and 2 | ||
| 1 and 3 | ||
| 2 and 3 | ||
| all of the above |
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Intermediate Accounting
Authors: Loren A Nikolai, D. Bazley and Jefferson P. Jones
10th Edition
978-0324300987
