Bond Relationships. Select one or more of the following phrases to complete the following sentences. increase, decrease, par, discount, premium, less than, more than, greater , less

a. If the current interest rate exceeds the bonds coupon rate, the bond will sell at a

___________.

b. The value of a bond to increase if there is a/an ________ in interest rates.

c. A bonds coupon rate is more than the interest rate, therefore the bond is selling at a

_____________.

d. As interest rate increases the value of a bond will ______________.

e. If the bondholders required rate of return equals the coupon interest rate, the bond will sell at _________.

f. A premium bond sells for ____________ as maturity approaches.

g. The discount bond sells for ____________ as maturity approaches.

h. A bondholder with a short-term bond is exposed to ___________ interest rate risk than when owing a long-term bond.