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Which one of the following statements is correct concerning discount bonds? Multiple Choice The clean price is greater than the dirty price. The current yield
Which one of the following statements is correct concerning discount bonds?
Multiple Choice
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The clean price is greater than the dirty price.
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The current yield is less than the yield to maturity.
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The bonds will be redeemed at maturity for less than face value.
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The coupon rate is greater than the current yield.
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Only zero-coupon bonds sell at a discount.
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