If the current price of a bond is greater than its face value: A) There is no right answer. B) the yield to maturity must be larger than the current yield. C) the coupon rate must be equal to the current yield.

Microeconomics: Private and Public Choice (MindTap Course List)
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ISBN:9781305506893
Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
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If the current price of a bond is greater than its face value: A) There is no right answer. B) the yield to maturity must be larger than the current yield. C) the coupon rate must be equal to the current yield.
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