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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