All Else Constant,a Bond Will Sell at _____ When the Yield

question 26

Multiple Choice

All else constant,a bond will sell at _____ when the yield to maturity is _____ the coupon rate.

• A) a premium; higher than
• B) a premium; equal to
• C) at par; higher than
• D) at par; less than
• E) a discount; higher than

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