Question
One 20-year Treasury bond is selling at a price of $1060. The par value of the bond is $1000. Which of the following true about
One 20-year Treasury bond is selling at a price of $1060. The par value of the bond is $1000. Which of the following true about this bond?
| A. current yield of the bond is greater than the coupon rate | ||
| B. coupon rate is greater than the current yield | ||
| C. current yield is greater than the yield to maturity | ||
| D. coupon rate is greater than the yield to maturity |
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Introduction To Mathematical Finance Discrete Time Models
Authors: Stanley R. Pliska
1st Edition
1557869456, 9781557869456
