A $1,000 par value corporate bond that pays $45 annually in interest was issued last year. Which one of these would apply to this bond today if the current price of the bond is $989.42?单项选择题

A

The bond is currently selling at a premium.

B

The current yield exceeds the coupon rate.

C

The bond is selling at par value.

D

The current yield exceeds the yield to maturity.

E

The coupon rate has increased to 7 percent.

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