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2) Bond A has a coupon rate of 10% and 10 years till maturity. Bond B has a coupon rate of 14% and 14 years

2) Bond A has a coupon rate of 10% and 10 years till maturity. Bond B has a coupon rate of 14% and 14 years till maturity. Bond Cs coupon rate is 18% with 18 years till maturity. If the yield to maturity of each bond is 14% then the bonds will sell respectively at

a) Discount, discount, discount

b) Premium, premium, premium

c) Par, par, par

d) Discount, par, par

e) Premium, par, discount

f) Par, par, premium

g) Premium, discount, par

h) Premium, par, premium

i) Par, par, discount

j) None of the above

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