Question: TB MC Qu . 1 0 - 8 6 ( Static ) When a bond sells... When a bond sells at a premium: Multiple Choice

TB MC Qu.10-86(Static) When a bond sells...
When a bond sells at a premium:
Multiple Choice
The contract rate is above the market rate.
The contract rate is equal to the market rate.
The contract rate is below the market rate.
It means that the bond is a zero-coupon bond.
The bond pays no interest.

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