Question: All else equal, a bond will set at _________________ when the coupon rate is ______________ the yield to maturity. 1). a discount; higher than 2).
All else equal, a bond will set at _________________ when the coupon rate is ______________ the yield to maturity.
1). a discount; higher than
2). par; less than
3). a premium; less than
4). a premium; equal to
5). a discount; less than
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