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The current yield is a good approximation to the yield to maturity when: ( Check all that apply. ) A . the bond is a

The current yield is a good approximation to the yield to maturity when:
(Check all that apply.)
A.
the bond is a short-term bond.
B.
the current bond price is below its face value.
C.
the maturity of the bond occurs over a ten-year period.
D.
the coupon rate of the bond is higher than its yield to maturity.
E.
the bond price is very close to par.

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