Question: Question 13 (0.5 points) You can be sure that a bond will sell at a discount to par when a) its coupon rate is greater


Question 13 (0.5 points) You can be sure that a bond will sell at a discount to par when a) its coupon rate is greater than its yield to maturity b) its coupon rate is less than its yield to maturity ) its yield to maturity remains constant over its life d) its coupon rate is equal to its yield to maturity e) its coupon rate is equal to or greater than its yield to maturity Question 12 (0.5 points) In an era of particularly low interest rates, which of the following statements is correct for callable bond? a) You should expect to earn YTC on discount bond. b) You should expect to earn YTC on premium bond. c) You should expect to earn YTM on premium bond. d) You should expect to earn YTC on par value bond
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