All else being constant, a bond will sell at __________ when the coupon rate is __________ the yield to maturity.   Select one: a.   a premium; equal to   b.   a premium; less than   c.   par; higher than   d.   a discount; less than   Clear my choice

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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All else being constant, a bond will sell at __________ when the coupon rate is __________ the yield to maturity.


 

Select one:
a.

 

a premium; equal to


 

b.

 

a premium; less than


 

c.

 

par; higher than


 

d.

 

a discount; less than


 

Clear my choice
 
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