(Q. 29 IN B) WHICH OF THE FOLLOWING IS CORRECT FOR A BOND CURRENTL...

23. (Q. 29 in B) Which of the following is correct for a bond currently selling at discount? A) Its current yield is higher than its coupon rate B) Its current yield is lower than its coupon rate C) Its yield to maturity is lower than its coupon rate D) If you buy one, you get another one for free