Multiple Choice
If a bond is selling for a premium, that implies
1) interest rates have risen
2) interest rates have fallen
3) the yield to maturity exceeds the current yield
4) the yield to maturity is less than the current yield
A) 1 and 3
B) 1 and 4
C) 2 and 3
D) 2 and 4
Correct Answer:

Verified
Correct Answer:
Verified
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