Question: When a bond is trading at a premium,A . The Yield - to - Maturity is equal to the coupon rate.B . The Yield -

When a bond is trading at a premium,A. The Yield-to-Maturity is equal to the coupon rate.B. The Yield-to-Maturity is lower than the coupon rate.C. The price of the bond is lower than its par value ($1000).D. No relationship can be determined between the yield-to-maturity and the coupon rate.

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