Question: 16. A bond will sell at a premium when __________. A) its coupon rate is greater than its current yield and its current yield is

16. A bond will sell at a premium when __________.

A) its coupon rate is greater than its current yield and its current yield is greater than its

yield to maturity

B) its coupon rate is greater than its current yield and its current yield is less than its

yield to maturity

C) its coupon rate is less than its current yield and its current yield is greater than its

yield to maturity

D) its coupon rate is less than its current yield and its current yield is less than its yield

to maturity

Please explain the relationship between Coupon Rate, Current Yield, and YTM in detail.

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