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"A 10 year coupon bond that was issued at par with a face value of...

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Finance

"A 10 year coupon bond that was issued at par with a face value of $1,000 currently sells for $900. Which of the following statements is CORRECT?"

1. The bond's current yield is equal to its coupon rate.

2. The bond's yield to maturity is greater than its coupon rate.

3. The bond's capital gains yield is negative.

4. The bond's current yield exceeds its yield to maturity.

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