Which one of the following must be correct for a bond, Ask an Expert

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Which one of the following must be correct for a bond currently selling at a premium?

Its coupon rate is variable.

Its current yield is lower than its coupon rate.

Its coupon rate is lower than the current market rate on similar bonds.

Its yield to maturity is higher than its coupon rate.

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92269427

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