A bond has an 8 annual coupon and a 7 5 yield to maturity Which of the following statements is CORRECT If the yield to maturity remains constant, the price of the bond will decline over time The bond sells at a price below par The bond sells at a discount

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A bond has an 8% annual coupon and a 7.5% yield to maturity. Which of the following statements is CORRECT? If the yield to maturity

A bond has an 8% annual coupon and a 7.5% yield to maturity. Which of the following statements is CORRECT?

		If the yield to maturity remains constant, the price of the bond will decline over time.
		The bond sells at a price below par.
		The bond sells at a discount.

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