A bond has a coupon rate of 6 percent and matures in ten years. The next semiannual interest payment will be paid one month from now. Which one of the following do you know with certainty concerning this bond?

Select one:

a. The bond sells at a discount.

b. The market price exceeds the par value.

c. The clean price is higher than the dirty price.

d. The bond sells at a premium.

e. The dirty price is higher than the clean price