Question: a A bond has a $1,000 par value, makes annual interest payments of $100, has 5 years to maturity, cannot be called and is not

a A bond has a $1,000 par value, makes annual interest payments of $100, has 5 years to maturity, cannot be called and is not expected to default. The bond should sell at if market interest rates are above 10 percent, and the bond's current yield will be than the bond's yield-to-maturity. O a discount; lower than O a discount; higher than O a premium; higher than O a premium; lower than O at par; equal to

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