Question: All else constant, a bond will sell at _____ when the coupon rate is _____ the yield to maturity. Multiple Choice a premium; equal to

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

Multiple Choice

  • a premium; equal to

  • par; less than

  • a discount; less than

  • a discount; higher than

  • a premium; less than

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