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All else constant, a coupon bond that is selling at a premium, must have: a coupon rate that is equal to the yield to maturity.
All else constant, a coupon bond that is selling at a premium, must have:
a coupon rate that is equal to the yield to maturity. |
a coupon rate that is less than the yield to maturity. |
semi-annual interest payments. |
a market price that is less than par value. |
a yield to maturity that is less than the coupon rate. |
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