All else constant, a bond will sell at

when the coupon rate is

the yield to maturity.

a premium; equal to

a premium; less than

a discount; par

a premium; more than

a discount; higher than

If Margaux is able to save $$430$ per month until she retires, what APR does she have to earn in

order to have $$2\mathrm{.}55$ million when she retires in $35$ years?

$10\mathrm{.}87\%$

$12\mathrm{.}11\%$

$11\mathrm{.}34\%$

$10\mathrm{.}13\%$

$11\mathrm{.}70\%$