单选题
A bond is selling at a premium relative to its par value. Which of the following relationships holds? A. Yield to maturity>coupon rate>current yield. B. Current yield>yield to maturity>coupon yield. C. Coupon rate>current yield>yield to maturity.
【正确答案】
C
【答案解析】[解析] 如果是到期收益率(yield to maturity)低于债券的息票率(coupon rate),则该债券是溢价债券;而当前收益率(current yield)是将每年的票面利息除以购买价格,它介于债券的息票率和到期收益率之间。