Question: All else constant, a bond will sell at ________ when the coupon rate is ________ the yield to maturity. A) a premium; less than B)
All else constant, a bond will sell at ________ when the coupon rate is ________ the yield to maturity.
- A) a premium; less than
- B) a premium; equal to
- C) a discount; less than
- D) a discount; higher than
- E) par; less than
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