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Author Question: A 20-year corporate bond has an annual coupon of 15%. The bond is currently selling at par ($1,000). ... (Read 43 times)

sh03641

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on: Aug 7, 2023
A 20-year corporate bond has an annual coupon of 15%. The bond is currently selling at par ($1,000). Which of the following statements is correct?

◦

The bond’s current yield is less than its capital gains yield.


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The bond’s current yield is less than 15%.


◦

The bond’s yield to maturity is 15%.


◦

If the bond’s yield to maturity remains constant, the bond will sell at a discount.

Financial Management: Theory and Practice ¦ Brigham, Ehrhardt, Gessaroli, Nason ¦ 4th Edition
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Marked as best answer by sh03641 on Aug 7, 2023

ahardin89

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Reply #1 on: Aug 7, 2023
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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sh03641

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Reply 2 on: Aug 7, 2023
Thanks for the timely response, appreciate it

carlsona147

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Reply 3 on: Yesterday
Wow, this really help

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