A fixed coupon bond with par value of $1,000 has a coupon of 6%, semiannually payable. The current annual nominal market interest rate (i.e., yield to maturity) for this bond is 8%. Therefore the bond is selling .. and the bond's current yield is ..

Question 10 options:

	at a discount; greater than 8%
	at a premium; greater than 8%
	at par value; at 8%
	at a discount; less than 8%
	at a premium; less than 8%