Question: All else constant, a bond will sell at _____ when the bond yield is _____ the coupon rate. A. at par; less than B. a

All else constant, a bond will sell at _____ when the bond yield is _____ the coupon rate.

A. at par; less than

B. a premium; equal to

C. a discount; lower than

D. a premium; lower than

E. at par; higher than

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