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If a bond is selling at a premium, then: 1. the yield to maturity is less than the coupon rate. 2. the yield to maturity

If a bond is selling at a premium, then:

1.

the yield to maturity is less than the coupon rate.
2.

the yield to maturity is greater than the coupon rate.
3.

the yield to maturity is equal to the coupon rate.
4.

its duration must be greater than its maturity.

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