Business, 04.04.2020 10:35 burnsmykala23

A $1000 par value corporate bond that pays $60 annually in interest was issued last year. Which one of these would apply to this bond if the current price of the bond is $996.20?

A) The bond is currently selling at a premium.

B) The current yield exceeds the coupon rate.

C) The bond is selling at par value.

D) The current yield exceeds the yield to maturity.

E) The coupon rate has increased to 7 percent.

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A $1000 par value corporate bond that pays $60 annually in interest was issued last year. Which one...