Question: Bonds sell at a discount off the par value when market yield to maturity for the bond is: A.less than the bond's coupon rate. B.greater

Bonds sell at a discount off the par value when market yield to maturity for the bond is:

A.less than the bond's coupon rate.

B.greater than the bond's coupon rate.

C.equal to the bond's coupon rate.

D.Market rates are irrelevant in determining a bond's price.

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