The current yield,the coupon rate,and the yield to maturity are equal if the bond sells at par value.

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When a bond sells at its par value, it means that the market interest rate is equal to the bond's coupon rate. Therefore, the current yield, which is the annual interest payment divided by the bond's market price, is also equal to the coupon rate. Additionally, the yield to maturity takes into account the present value of all future cash flows (including interest and principal repayments) and assumes that the bond is held until maturity. Since the bond is selling at par value, the yield to maturity would also be equal to both the coupon rate and the current yield.

The Current Yield,the Coupon Rate,and the Yield to Maturity Are