Understanding Yield to Maturity in Discount Bonds

A corporate bond with a face value of $1,000 matures in 10 years and pays a coupon rate of 6% annually. The current market interest rate for similar bonds is 8%. You are tasked with calculating the yield to maturity (YTM) for this bond.

Given that the bond is currently selling at a discount due to the higher market interest rates, determine which of the following statements regarding the bond's yield measures is correct.