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If the coupon rate on a bond is higher than the yield to maturity, a. the bond sells at a discount. b. the coupon rate

If the coupon rate on a bond is higher than the yield to maturity,

a. the bond sells at a discount.

b. the coupon rate on the bond has decreased.

c. interest rates have probably increased since the bond was issued.

d. the current yield on the bond is lower now than when the bond was originally issued.

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