[Solved] A Sunpac bond is selling at a premium to

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A Sunpac bond is selling at a premium to its face value. The bond has 3 years to maturity and pays an annual coupon of

A Sunpac bond is selling at a premium to its face value. The bond has 3 years to maturity and pays an annual coupon of 6.00%. Based on this information, which of the following statements is correct?

a. The bond's yield is less than its coupon percentage?

b.The bonds yield is greater than its coupon percentage?

c. The premium represents the high demand for Sunpac bonds?

d. Bonds always sell at a premium because they have coupon payments?

e. none of the aboe

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