Question: When a bond's yield to maturity is higher than the bond's coupon rate, the bond: 1) is selling at a premium. 2) is selling at

 When a bond's yield to maturity is higher than the bond's

When a bond's yield to maturity is higher than the bond's coupon rate, the bond: 1) is selling at a premium. 2) is selling at a discount. 3) had to be recently issued. 4) is priced at par. 5) has reached its maturity date

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