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3. Which of the following is true (Points : 6) a. When a bond is selling at a premium the yield to maturity is greater

3. Which of the following is true (Points : 6) a. When a bond is selling at a premium the yield to maturity is greater than the current yield b. When the bond is selling at a dscount the yield to maturity is less than the current yield When the bond is selling at a premium the yield to maturity is greater than the coupon rate When the bond is selling at a discount the current yield is less than the coupon rate e. When the bond is selling at par the coupon rate is higher that the market interest rate (kb)

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