Question
If its yield to maturity is greater than its coupon rate, a bond will sell at a _____, and increases in market interest rates will
If its yield to maturity is greater than its coupon rate, a bond will sell at a _____, and increases in market interest rates will _____.
| A. | discount; decrease this discount. | |
| B. | discount; increase this discount. | |
| C. | premium; decrease this premium. | |
| D. | premium; increase this premium. | |
| E. | None of the above. |
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Challenging Global Finance
Authors: Elizabeth Friesen
2012th Edition
0230348793, 978-0230348790
