Question: All else constant, if the coupon rate is higher that the required rate of return, a $1000 par value the corporate bond must be worth

All else constant, if the coupon rate is higher that the required rate of return, a $1000 par value the corporate bond must be worth ___________

a. more than $1000 b. less than $1000 c. exactly $1000 d. can be higher or lower depending on investors sentiments e. none of the above

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