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The following information from the close of trading on November 24, 2010 is for an IBM bond with a face value of $1,000 and a

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The following information from the close of trading on November 24, 2010 is for an IBM bond with a face value of $1,000 and a maturity date of November 29, 2012 Coupon rate: 4.75% Price: $1,075 Yield to maturity: 0.99% shifts The bond's current yield was %. (Round your response to two decimal places.) Why is the bond's yield to maturity less than its coupon rate? O A. The price is higher than the face value, which lowers the yield to maturity OB. The price is higher than the face value, which makes the yield to maturity Higher OC. The price is higher than the face value, which lowers the bond's current yield OD. None of the above. meant that t year Treasur because eve Click to select your answer(s). small positiv inflation is actually becomes negative

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