Question: All else constant, a bond will sell at _____ when the coupon rate is _____ the yield to maturity. a) a discount; higher than b)

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

a) a discount; higher than

b) a premium; equal to

c) a premium; less than

d) par; less than

e) a discount; less than

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