If the coupon rate on a bond is 8 percent and current market interest rates are 6

Question:

If the rate on a bond is 8 percent and current market interest rates are 6 percent, should this bond be selling at a premium or a discount?
Coupon
A coupon or coupon payment is the annual interest rate paid on a bond, expressed as a percentage of the face value and paid from issue date until maturity. Coupons are usually referred to in terms of the coupon rate (the sum of coupons paid in a...