When a coupon bond pays coupon at the same rate as its market yield, the coupon bond is priced at par. That is, its market price = 100% of its principal amount. If the issuer decides to pay coupon at the rate of 1.5 times of its market yield, (i.e., paying 3% when 2% is the market yield) at what multiple of its principal amount will the coupon bond be priced at the market? = (1) Lower than 1.5; (2) Higher than 1.5; (3) Equal to 1.5; [ Assume that the market yield is positive.] 6