A bond with a face value of 1000 has annual coupon payments, Financial Management

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A bond with a face value of 1000 has annual coupon payments

A bond with a face value of $1,000 has annual coupon payments of $100 and was issued seven years ago. The bond currently sells for $1,085, has eight years left to maturity. This bond's ________ must be less than 10%.

A) Current yield and coupon rate

B) Coupon rate

C) Yield to maturity and current yield

D) Current yield

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Financial Management: A bond with a face value of 1000 has annual coupon payments

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Financial Management: A bond with a face value of 1000 has annual coupon payments

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