Question: A $ 2 , 0 0 0 par value corporate bond that pays $ 1 2 0 annually in interest was issued last year. Which

A $2,000 par value corporate bond that pays $120 annually in interest was issued last year. Which one of these would
apply to this bond today if the current price of the bond is $1979.42? No calculations needed.
The bond is currently selling at a premium
The coupon rate has increased by at least 2 percent
The bond is selling at par value
The yield to maturity is higher than the coupon rate
The par value is increasing over time

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