"A 10 year coupon bond that was issued at par with a face value of...
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"A 10 year coupon bond that was issued at par with a face value of $1,000 currently sells for $900. Which of the following statements is CORRECT?"
| 1. | The bond's capital gains yield is negative. | |
| 2. | The bond's current yield exceeds its yield to maturity. | |
| 3. | The bond's yield to maturity is greater than its coupon rate. | |
| 4. | The bond's current yield is equal to its coupon rate. |
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