The current yield and the yield to maturity are equal if the bond sells for par value.

Name: The current yield and the yield to maturity are equal if the bond sells for par value.
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When a bond is sold at par value, the current yield and yield to maturity are equal. This is because the bond's coupon rate equals the yield to maturity, and therefore, the interest payments and the principal payment at maturity provide an overall yield equal to the coupon rate/yield to maturity.

The Current Yield and the Yield to Maturity Are Equal