For a discount bond, the current yield is _________ the yield to maturity, and the coupon rate is _____________ the yield to maturity.

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For a discount bond, the current yield is _________ the yield to maturity, and the coupon rate is _____________ the yield to maturity.

  1. A) less than;       less than
  2. B) less than;       greater than
  3. C) greater than;  less than
  4. D) greater than;  greater than
  5. E) equal to;        equal to

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