The yield to maturity on a discount bond is – McqOptions

MCQOPTIONS

1.	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

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