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A bond is referred to as a premium bond when it market price ( ) its par value and coupon rate ( ) yield to

A bond is referred to as a premium bond when it market price ( ) its par value and coupon rate ( ) yield to maturity.

Select one:

a.is less than; is greater than.

b.is greater than; is less than.

c.is less than; is less than.

d.is greater than; is greater than.

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