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Which of the following is most correct? A) if a bond sells for less than par, then its yield to maturity is less than its
Which of the following is most correct?
A) if a bond sells for less than par, then its yield to maturity is less than its coupon rate.
B)IF a bond sells at par, then its current yield will be less than its yield to maturity
C)Assuming that both bonds are held to maturity and are of equal risk, a bond selling for more than par with ten years to maturity will have a lower current yield and higher capital gain relative to a bond that sells at par
D)Answer A & C are correct
E) None of the answer above is correct
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