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If a bond offers a current yield of 5% and a yield to maturity of 5.45%, then the: A. bond is selling at a discount.

If a bond offers a current yield of 5% and a yield to maturity of 5.45%, then the:

A. bond is selling at a discount.

B. bond has a high default premium.

C. promised yield is not likely to materialize.

D. bond must be a Treasury Inflation-Protected Security.

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