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

Question 19

Multiple Choice

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


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

Correct Answer:

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