A bond offered at par has a coupon rate:
A) greater than its yield to maturity.
B) equal to its current yield.
C) less than its current yield.
D) less than its yield to maturity.
Answer: B) equal to its current yield.
A) greater than its yield to maturity.
B) equal to its current yield.
C) less than its current yield.
D) less than its yield to maturity.
Answer: B) equal to its current yield.