Question: If a bond has a coupon rate of 5% and the market rate of interest (the yield to maturity) is 3%, the bond will sell

If a bond has a coupon rate of 5% and the

If a bond has a coupon rate of 5% and the market rate of interest (the yield to maturity) is 3%, the bond will sell and the price of the bond will as the bond approaches maturity. at a premium; not change at a discount; decrease @ at a premium; decrease at a discount: decrease

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