Corporate bond has an annual coupon payment

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Reference no: EM131458397

A 10-year corporate bond has an annual coupon payment of 9 percent. The bond is currently selling at par ($1,000). Which of the following statements is most correct?

a. The bonds yield to maturity is 9 percent.

b. The bonds current yield is 9 percent.

c. If the bonds yield to maturity remains constant, the bonds price will remain at par.

d. This bond is not selling at a premium or a discount.

e. All of the answers above are correct.

Reference no: EM131458397

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