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A bond with 8 percent annual coupon rate originally sold at par for $ 1 , 0 0 0 . The current market interest rate
A bond with percent annual coupon rate originally sold at par for $ The current market interest rate on this bond or the bond's required rate of return or yield to maturity is percent. Assume no change in risk, this bond would sell at a in order to compensate
A premium; the purchaser of the bond for the above market coupon rate
B discount; the purchaser of the bond for the above market coupon rate
C premium; the seller of the bond for above market coupon rate
D discount; the seller of the bond for above market coupon rate
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