Question: All else constant, when the yield to maturity is _____ the coupon rate, a bond will sell at a _____ . Points: 1 Lower than;

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

Points: 1

  1. Lower than; Par.

  2. Higher than; Premium.

  3. Lower than; Discount.

  4. Higher than; Discount.

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