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Phil bought Bond A one year ago for $1,000. Currently the bond has a YTM of 9% and has 10 years remaining to maturity with

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Phil bought Bond A one year ago for $1,000. Currently the bond has a YTM of 9% and has 10 years remaining to maturity with a 9% coupon rate. What do you know about the current yield on the bond today compared to the YTM? Current yield > YTM Current yield = YTM Current yield \& YTM

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