Question: There is currently a bond with 3 0 years left to maturity and a 4 % coupon rate. You are considering purchasing it and will

There is currently a bond with 30 years left to maturity and a 4% coupon rate. You are considering purchasing it and will require a return of 6% based on the riskiness of the bond. This bond should sell for a _______ since the market interest rate is _____ than the bonds coupon rate.
a) premium; less
b) premium; greater
c) discount; less
d) discount; greater

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