Question: a . If the bonds are trading with a yield to maturity of 1 7 % , then ( Select the best choice below. )
a If the bonds are trading with a yield to maturity of then Select the best choice below.
A the bonds should be selling at a discount because the bond's coupon rate is less than the yield to maturity of similar bonds.
B the bonds should be selling at par because the bond's coupon rate is equal to the yield to maturity of similar bonds.
C the bonds should be selling at a premium because the bond's coupon rate is greater than the yield to maturity of similar bonds.
D there is not enough information to judge the value of the bonds.
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