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Posted on Jul 27, 2024

If a bond is selling at a PREMIUM and the yield to maturity (YTM) on the bond stays constant for the life of the bond,

If a bond is selling at a PREMIUM and the yield to maturity (YTM) on the bond stays constant for the life of the bond, then the bond's price will:

a. remain at par for the bond's life

b. fall during the bond's life

c.rise during the bond's life

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