Bond A has a yield of 4%. Bond B has a yield of 3%. Both bonds have a coupon rate of 3.5%. Which bond has the higher price? (All else equal.)

Select one:

a. not enough information

b. B

c. A

d. both bonds will sell for $1000

Bond A has a coupon rate of 4%. Bond B has a coupon rate of 4%. Both bonds have a yield of 4%. Which bond has the higher price? (All else equal.)

Select one:

a. A

b. not enough information to determine

c. B

d. both bonds have a price of $100

Bond A sells for $990. Bond B sells for $1010. Both bonds have a coupon rate of 4%. Which bond has the higher yield? (All else equal.)

Select one:

a. A

b. B

c. they will both have the same yield

d. not enough information to determine