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Which of the following statements is CORRECT? a. All else equal, if a bonds yield to maturity decreases, its price will increase. b. All else

Which of the following statements is CORRECT?

a. All else equal, if a bonds yield to maturity decreases, its price will increase.

b.

All else equal, if a bonds yield to maturity decreases, its price will fall.

c.

If a bonds yield to maturity exceeds its coupon rate, bond will sell at par.

d.

If a bonds yield to maturity exceeds its coupon rate, bond will sell at a premium.

e.

None of the above is correct.

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