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Which of the following statements about bond pricing is correct? A. The price of a bond that is trading at a premium, i.e. a premium
Which of the following statements about bond pricing is correct? A. The price of a bond that is trading at a premium, i.e. a premium bond, is below the bonds face value. B. For a bond that is trading at par, the yield to maturity is equal to the coupon rate. C. The price of a bond that is trading at a discount, i.e. a discount bond, is above the bonds face value. D. For a bond that is trading at a premium, the yield to maturity is higher than the coupon rate.
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