Which One of the Following Statements Is True About a $1,000

question 22

Multiple Choice

Which one of the following statements is true about a $1,000, 6% annual coupon bond that is selling for $1,012?

• A)The current yield is less than 6%.
• B)The current yield is 6%.
• C)The yield-to-maturity is greater than 6%.
• D)The yield-to-maturity is 6%.

---

Definitions:

Daily Log

A personal record kept on a daily basis detailing activities, observations, or measurements, which can be useful for tracking progress or identifying trends over time.

Daily Log

A record kept every day to track activities, observations, or progress towards goals, often used for personal or professional purposes.

Disbursements Journal

A financial record used to document cash payments or cash outflows from a business.

Computer-Mediated Communication

The exchange of messages between individuals through the use of digital devices and platforms.