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If a bonds yield to maturity falls below its coupon rate Select one: a. The bond must be selling for a price higher than its
If a bonds yield to maturity falls below its coupon rate
Select one:
a. The bond must be selling for a price higher than its par value.
b. The coupon rate on the bond must decline as well.
c. The price of the bond must fall.
d. The bond must be selling for a price lower than its par value.
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