Question
When a bond's price is greater than its par value, we say the bond is selling _______. This occurs when the YTM is ________ the
When a bond's price is greater than its par value, we say the bond is selling _______. This occurs when the YTM is ________ the coupon rate.
Group of answer choices
at a premium
less than at a discount
greater than at a discount
less than at a premium
greater than
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Fundamentals Of Contemporary Financial Management
Authors: R. Charles Moyer, James R. McGuigan, Ramesh P. Rao
2nd Edition
0324406363, 978-0324406368
