A 15-year bond with a face value of $1,000 currently sells for $850. Which of the following statements is CORRECT?1. Group of answer choices2. The bond's coupon rate exceeds its current yield.3. The bond's current yield is equal to its coupon rate.4. If the yield to maturity stays constant until the bond matures, the bond's price will remain at $850.5. The bond's yield to maturity is greater than its coupon rate.6. The bond's current yield exceeds its yield to maturity.

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Asked Sep 20, 2019
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A 15-year bond with a face value of $1,000 currently sells for $850. Which of the following statements is CORRECT?
1. Group of answer choices
2. The bond's coupon rate exceeds its current yield.
3. The bond's current yield is equal to its coupon rate.
4. If the yield to maturity stays constant until the bond matures, the bond's price will remain at $850.
5. The bond's yield to maturity is greater than its coupon rate.
6. The bond's current yield exceeds its yield to maturity.
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Bonds: The bond refers to a long-term liability for which the compensation in the form of...

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