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1. |
Q: The yield to maturity on a discount bond is |
A. | equal to both the coupon rate / current yeild |
B. | less than the current yeild but greater than the coupon rate |
C. | greater than both the coupon rate / current yeild |
D. | equal to the current yeild but greater than the coupon rate |
Answer» B. less than the current yeild but greater than the coupon rate | |