When pricing bonds, if a bond's coupon rate is more than the required rate of return, then:

The bond sells at a larger premium if it has a long maturity and at a smaller premium if it has a short maturity.

The holder of the bond will realize a capital loss if the bond is held to maturity.

The bond sells at par because the required rate of return is adjusted to reflect the discrepancy.

The bond sells at a premium if it has a long maturity and at a discount if it has a short maturity.

The holder of the bond is assured of a profit regardless of when the bond is eventually sold.