Multiple Choice
If a bond's yield to maturity is less than its coupon rate,the bond will sell at a ________,and increases in market interest rates will:
A) discount; decrease this discount.
B) discount; increase this discount.
C) premium; decrease this premium.
D) premium; increase this premium.
E) premium; not affect this premium.
Correct Answer:
Verified
Correct Answer:
Verified
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