Question: As discussed in class, when a fixed coupon bond has a coupon rate less than its YTM, the bond's price must: Multiple Choice not change

As discussed in class, when a fixed coupon bond has a

As discussed in class, when a fixed coupon bond has a coupon rate less than its YTM, the bond's price must: Multiple Choice not change since it's a fixed coupon bond. sell at a premium. sell at a discount. sell at par

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