d. One important relationship between the bond value and the investor's required rate of return can be observed from the results in part

(c) above: (Select from the drop-down menus.) Options for drop-down are a discount, a par, a premium

If the required rate of return equals the bond's coupon rate, the bond will sell at

If the required rate of return is less than the bond's coupon rate, the bond will sell at

If the required rate of return exceeds the bond's coupon rate, the bond will sell at