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Which of the following statements is CORRECT? a. If a bond's yield to maturity exceeds its coupon rate, the bond will sell at par. b.

Which of the following statements is CORRECT?

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

b. All else equal, if a bond's yield to maturity increases, its price will increase.

c. If a bond's yield to maturity exceeds its coupon rate, the bond will sell at a premium.

d. All else equal, if a bond's yield to maturity decreases, its price will increase.

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	a. If a bond's yield to maturity exceeds its coupon rate, the bond will sell at par.
	b. All else equal, if a bond's yield to maturity increases, its price will increase.
	c. If a bond's yield to maturity exceeds its coupon rate, the bond will sell at a premium.
	d. All else equal, if a bond's yield to maturity decreases, its price will increase.