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If a $1,000 bond costs $1,000 and pays $90 interest, 1. the current yield is 9 percent 2. the yield to maturity is 9 percent
If a $1,000 bond costs $1,000 and pays $90 interest,
1. the current yield is 9 percent
2. the yield to maturity is 9 percent
3. the bond is selling for par
1 and 2
1 and 3
2 and 3
all of these choices
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