A 10-year corporate bond has an annual coupon payment of 9 percent. The bond is currently selling at par ($1,000). Which of the following statements is most correct?
a. The bonds yield to maturity is 9 percent.
b. The bonds current yield is 9 percent.
c. If the bonds yield to maturity remains constant, the bonds price will remain at par.
d. This bond is not selling at a premium or a discount.
e. All of the answers above are correct.