A bond has a current yield that is equal to the yield-to-maturity, Given this, which one of the following mustalso be true?
A) The bond must pay annual interest.
B) The maturity value must be greater than the bond price.
C) The bond can have any maturity date.
D) The coupon rate must exceed the current yield.
E) The price must exceed the par value.
Answer: C) The bond can have any maturity date.
Business
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