JFINEX Corporation’s 10-year bonds have a coupon rate of 6%, YTMof 9%, current yield is 8%. Which of the following is true?      An investor who buys a bond today will earn 8% annually should he hold it until maturity      An investor who buys a bond today will earn 9% annually should he hold it until maturity      An investor who buys a bond today will earn more than 9% annually should he hold it until maturity      An investor who buys a bond today will earn 6% annually should he hold it until maturity

FINANCIAL ACCOUNTING
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Chapter1: Financial Statements And Business Decisions
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[4]. JFINEX Corporation’s 10-year bonds have a coupon rate of 6%, YTMof 9%, current yield is 8%. Which of the following is true?

     An investor who buys a bond today will earn 8% annually should he hold it until maturity

     An investor who buys a bond today will earn 9% annually should he hold it until maturity

     An investor who buys a bond today will earn more than 9% annually should he hold it until maturity

     An investor who buys a bond today will earn 6% annually should he hold it until maturity

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