Question: Complete the sentence: If all else constant, a bond will sell at _____ when the yield to maturity is _____ the coupon rate. a discount;
Complete the sentence: If all else constant, a bond will sell at _____ when the yield to maturity is _____ the coupon rate.
a discount; higher than
a premium; higher than
at par; less than
at par; higher than
a premium; equal to
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