A bond which has a yield to maturity less than its coupon interest rate will sell for a price:
A) below par.
B) at par.
C) above par.
D) that is equal to the face value of the bond plus the value of all interest payments.

Question

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The Answer of A bond which has a yield to maturity less than its coupon interest rate will sell for a price:
A) below par.
B) at par.
C) above par.
D) that is equal to the face value of the bond plus the value of all interest payments.

A Bond Which Has a Yield to Maturity Less Than