When a bond's yield to maturity is greater than the bond's coupon rate, the bond:

Select one:

a. has reached its maturity date.

b. will be called.

c. is selling at a discount.

d. is selling at a premium.

e. is priced at par.

The current value of a bond is dependent upon which of the following? I. market rate of interest II. coupon rate III. dividend rate IV. time to maturity

Select one:

a. I and IV only

b. I, II, III, and IV

c. I and III only

d. I, II, and IV only

e. II and IV only

The yield to maturity on a bond is:

Select one:

a. equal to the coupon rate divided by the current market price.

b. another name for the current yield.

c. the current required market interest rate.

d. equal to the annual interest divided by the face value.

e. another name for the coupon rate.