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Which one of the following statements is true? Multiple Choice The current yield on a par value bond will exceed the bond's yield to maturity.

Which one of the following statements is true? Multiple Choice The current yield on a par value bond will exceed the bond's yield to maturity. O The yield to maturity on a premium bond exceeds the bond's coupon rate. The current yield on a premium bond is equal to the bond's coupon rate. O A premium bond has a current yield that exceeds the bond's coupon rate. A discount bond has a coupon rate that is less than the bond's yield to maturity

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